The property market in AUSTRALIA got off to a fantastic start in 2022, with record home values following a very strong run of price increases. But the tide changed after April of this year. It was obvious that the boom was finished, and a correction began. However, there hasn’t only been negative news; the outlook […]
Missing Out Your Tax Depreciation Schedule Could Costing You Hundreds Of Thousands Of Dollars In Savings. If you’re a property investor or business owner, you understand the importance of seeking ways to save money on your investment and bolster your profits. That said, many property owners are missing out on one of the most […]
Property Tax Depreciation – What is it, and how does it help me as an investor? In general, Depreciation refers to the loss of value of an asset over time. Tax Depreciation is the term used when that asset is used for income-generating purposes as the eligible amount of deductions reduces the owner’s taxable […]
In Tom Wheelwright’s training course, he explains the three steps on how you can benefit from depreciation. First, you don’t immediately jump to the depreciation step. Instead, you do a few other steps first to make sure the tax benefits of depreciation are maximized. How much tax do you pay? If your tax liability is […]
Real Estate is one o the safest and quickest ways to build wealth. It also yields the best tax-saving opportunities to accelerate your wealth building even further. Unfortunately most real estate investors ( and CPA’s ) are not aware of these golden opportunities. To know more about them,schedule a call!.
The recent depreciation changes have the greatest impact on the types of property you may choose to invest in. Some people prefer to invest in brand-new properties, while others opt for older property that they can renovate and resell for profit. Washington Brown, who are the property depression experts and accredited surveyors in Australia and internationally do […]
If you own an investment property and you have had it professionally assessed for depreciation allowance, chances are you are paying too much tax. Expert define depreciation as a tax deduction available to property investors. Your investment property basically earns you an income as a form of rent from your tenants. Any activity that brings […]