What Is Negative Gearing? A Simple Guide for 2023

February 7th, 2023|

Whether you're a seasoned property investor or just dipping your toe into purchasing your first investment property, you will have come across the term 'negative gearing' on one of those late nights spent poring over property listings. With more than 2.2 million Australians owning a rental property and a thriving local [...]

Can You Live in Your Investment Property?

November 16th, 2022|

Whether you have an extensive property portfolio or you’re new to investment property, you’ve likely pondered “Can you live in your investment property?” at one point or another. It’s one of the most frequently asked questions from prospective and new property owners. Within this article, we’re going to outline whether you [...]

What Are Capital Works Deductions?

November 1st, 2022|

Whether you’re a first-time property investor, or a seasoned property investor with an extensive portfolio, staying on top of capital works deductions is essential. If you’re a property owner or an investor, you may be eligible to claim capital works deductions. These deductions are tax breaks that help property owners to [...]

What is the Role of A Quantity Surveyor?

September 12th, 2022|

Quantity surveyors are tertiary qualified professionals who inspect, assess, evaluate, and advise on all matters that influence a property’s tax depreciation. Managing all building costs, quantity surveyors will work with architects, engineers, and contractors to ensure that projects are built within budget and on time. Quantity surveyors use mathematics, economics, and [...]

Depreciation Schedule Cost Australia – Complete Fees Explained

May 11th, 2022|

A depreciation schedule is a certified report that details all available tax depreciation deductions within residential investment properties or commercial building. Almost all properties – whether old or new – have depreciation and tax return to be claimed. A depreciation schedule can only be completed by a qualified quantity surveyor. In [...]

Prime Cost vs Diminishing Value: Depreciation Methods

March 24th, 2022|

Prime cost vs diminishing value: what’s the difference? Both options are methods of determining tax depreciation value over the effective life of a new purchase. Simply put, the prime cost depreciation method affords a fixed depreciation rate on the purchase of a brand-new asset. On the other hand, the diminishing value [...]