Proeprty Depreciation Schedules

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Property Depreciation Schedules

Did you know that 80% of property investors DO NOT claim depreciation? Why? Often it's simply because they don't know about it.

To claim depreciation, you need a Tax Depreciation Schedule put together by Quantity Surveyors like us, who specialise in tax work and know the ATO rules inside out. Most of our business comes to us via accountants, so we know we're doing things properly.

Robert Kiyosaki (Rich Dad, Poor Dad) refers to depreciation as 'the phantom cash flow'. By that he means that depreciation is a deduction sitting in your property just waiting to be claimed. It's not something where you spend money each year and try to claw some back, like rates and management fees. And depreciation claims are often huge!