Quantity Surveyor Melbourne

Melbourne’s Tax Depreciation Schedule Specialists

Tax Depreciation Schedule FAQs

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What’s involved in a residential tax depreciation schedule?

As the owner of a residential investment property, claiming the depreciable value of assets is a key component to keeping on top of and maximising tax claim returns. Every residential property investor should be utilising quantity surveyors for tax claims. A professional tax depreciation schedule prepared by a quantity surveyor Melbourne firm will work to substantiate and claim maximum deductions.

Investment property depreciation includes general wear and tear and decline in value. Depreciation is claimable by all residential investment property owners and can be substantially maximised by a quantity surveyor on your side. Both new and old residential investment properties have significant depreciable value. Of all tax deductions available to property investors, deprecation of assets is the second-largest deduction, falling just behind interest.

Property Returns deliver residential depreciation schedules that offer a detailed forecast report, the different depreciation methods available, and an evaluation of all common property assets such as communal areas and lifts, where legislation allows. Passionate about assisting the everyday property investor, residential tax depreciation schedules are prepared and entirely tailored to the individual property.

What about commercial properties?

Property Returns also deliver leading tax depreciation schedules for commercial properties and industrial building sites in Melbourne. Under Australian tax laws, if you own commercial real estate, or the commercial property is leased or used for income-producing purposes, you are authorised to claim the property’s depreciable assets. There are two kinds of depreciation allowances available for commercial properties: plant and equipment, and depreciation on capital allowances. To maximise the tax savings on your commercial property, you’ll need a professionally prepared tax depreciation schedule Melbourne drawn up from a qualified quantity surveyor.

Property Returns provide commercial depreciation assessments, advice, schedules and reports for buyers, owners and sellers of all types of commercial and industrial properties. Our diverse clientele in city’s commercial real estate industry showcases our breadth of experience in providing and preparing the most trusted tax depreciation schedules Melbourne can offer.

How is a tax depreciation schedule used?

A tax depreciation schedule Melbourne is a report that outlines all potential depreciable claims for a commercial or residential investment property. Tax depreciation schedules detail all of the depreciable assets associated with owning a property, including the building itself. Developed to meet an accountant’s tax claim requirements, depreciation schedules are valuable reports that can maximise savings for an investor.

Property Returns specialise in delivering excellent quantity surveyor jobs for tax savings, prepared by fully qualified experts in Melbourne. Each depreciation schedule offers a detailed guide on what the investor can claim, and when. As the local Property Returns team comprises both registered tax agents and quantity surveyors, each report will detail all depreciable items and the practical life and depreciation rate for all division assets. Our depreciation schedules can even be forwarded directly to your accountant to simplify the process further. We encourage property investors to order a tax depreciation schedule as soon as the settlement has occurred, to ensure you’re claiming everything on your property that you’re entitled to.

Do I need to work with a quantity surveyor?

Melbourne property investors benefit enormously from having a qualified, trustworthy and expert quantity surveyor firm on-side. These professionals inspect, assess, evaluate, and advise on all matters that influence a Melbourne property’s tax depreciation.

The advantage of working with Property Returns in your city is that they can estimate and monitor construction costs at various stages of a building’s construction. Property return’s quantity surveyors in the area use their knowledge of construction methods and prices to analyse and inform investors on the most economical approach going forward. Before, during and after construction, we can value progress at regular intervals and assess the property’s changes to update the depreciation evaluation.

Property Returns are dedicated to delivering value to every project we work on, whether it be a new commercial building or a (free) standing residential investment. We’re so confident in our quantity surveyor Melbourne services that we guarantee our tax depreciation schedules will assure investors claim the maximum legitimate deductions possible.

What will I get working with Property Returns?

Whether you’re an experienced property developer or this is your first property investment, Property Returns deliver unparalleled quality quantity surveying to a wide scope of clientele across Melbourne. Backed by more than 30 years of experience in the industry, we cater to a wide range of commercial and residential properties. Our well-trusted offerings are available across the country, servicing all major cities of Australia. Property Returns operate offices in Melbourne, Brisbane, Sydney, the Sunshine Coast, Townsville and Perth.

The holistic Property Returns approach to quantity surveying includes delivering expert assistance before, during, and after the construction of a property. Our philosophy centres on the understanding that every property is entirely different, whether it be commercial or residential. The Property Returns local teams are experts in tailoring the depreciation process; enthusiastic about the ins and outs of quantity surveying, and are committed to helping clients maximise their deductions return.

The Australian Tax Office has specified a plethora of regulations to outline the depreciation of assets. At Property Returns, we’ve taken the time to gain an in-depth understanding of these rules. We also take our time to learn the story behind each property on every project. By overseeing the assets of a wide selection of properties, Property Returns are able to deliver accurate cost planning and estimations – putting the investor in the driving seat of their property’s assets and tax deductions.

Regardless of whether you purchased a property yesterday or several years ago, Property Returns can evaluate your assets’ full history and make the correct technical calculations to optimise your tax results. Although tax savings via our senior quantity surveyors are our speciality, our expert Melbourne quantity surveyors can manage and advise on various aspects of your construction project.

The difference between Property Returns and our competitors is that we deliver quality services at a fair, affordable price. Our lengthy industry experience and in-depth understanding of construction, cost planning, tax depreciation, and property development have equipped our team with comprehensive expertise in Melbourne property investment opportunities and pitfalls.

As registered tax agents, we also have the capacity to offer leading professional services that genuinely maximise tax deductions. When you engage with Property Returns, you’ll be engaging with an experienced team member dedicated to ensuring the best outcome for you and your property or construction prokects. Bringing an energised, contemporary approach and a natural property and investment acumen to quantity surveying, Property Returns is built on the premise of providing high-value service to the everyday property investor.

Ok – what now?

Ready to take the next step? Property Returns provide leading tax depreciation schedules across Victoria. Wherever you’re located in Melbourne, we can deliver the expert guidance and scheduling needed for your investment property.

Our dedicated team of quantity surveyors in Melbourne are passionate about depreciable assets, construction costs, accurate estimations, and exceptional professional surveying support. As an independent and experienced company, the only kickbacks we’re incentivised by are your best interests. Whether you own, manage, or are making a residential or commercial investment, Property Returns are here to maximise your savings on each property. Call us on 1300 829 221 or send through an online enquiry for our local Melbourne quantity surveyor team to contact you today.

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