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Depreciation on plant and equipment items-Play with the big boys

My friend Tyron Hyde from Washington Brown shared some of the strategies you can apply as an investor in order to play with the big boys. In this week’s strategy, we’re going to learn how to play with the big boys – after all, if it works for them, it could work for you. Just to recap, the Government has stopped residential property investors from claiming depreciation on plant and equipment items (that’s the ovens,…

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Author : Charles Vincent Kaluwasha

Founder and CEO of C J Investiment. Charles Kaluwasha is a real estate entrepreneur and developer, specializing in building 2-5 unit properties in Melbourne City and Gold Coast. He currently owns 3 investment properties. He has rehabbed, Flipped and/or lease-optioned over 3 single-family residences using funds from private investors. He has secured 2 investment apartments in Melbourne and Gold Coast to be completed early 2020. A developer of C J Academy/mentorship program helping investors and homeowners with basic and advanced financial education and real estate investing strategies to create passive wealth.

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