The date, age and type of property all have an impact on what you can or can't claim on depreciation. And when it comes to brand new properties, they generally offer significant deductions.
So many investors miss out on the opportunity to save thousands of dollars each year because they don’t realise the cash flow benefits of ordering a depreciation schedule.
In today’s video, I wanted to share with you how one of our clients was able to improve his property income from his brand new investment property resulting in a positive cash flow position by leveraging the power of depreciation.
Let's get started!
CHAPTERS:
0:00 - Intro
0:37 - Overview
1:40 - Depreciation on a Brand New House
3:54 - Ordering a Depreciation Schedule
5:04 - Final Thoughts
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Tuan is the Director of Duo Tax Quantity Surveyors. For the past five years, he and his team have helped thousands of property investors maximise their tax deductions through the power of tax depreciation schedules. As an avid property investor himself, his mission is to help all property investors get the most value out of their investments.
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Video produced by Social Wave
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BRAND NEW INVESTMENT PROPERTY TAX DEPRECIATION
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