Grateful for any input or guidance! I am self employed and make roughly 250k a year. My industry is not consistent or predictable and while I...
Someone suggested a few days back that she knows people who have approached their depreciation companies to have their schedules increased to...
Depreciation on plan and equipment of fixtures and fittings is no longer available, for most taxpayers, on second hand items because of new...
There was a law change many years ago, around 2017 I think, that now generally makes it no longer possible for residential property investors to...
Hi there, I just have a question about what would be best in our case. We have recently purchased a holiday townhouse, which we will...
Anyone thinking of beginning construction of a property which will be rented out might want to wait until after the budget before they begin....
I have just signed a contract to build a house. The construction cost is around 820k and the land is around 500k. With the current market...
Purchased newly renovated house as PPR. Will be living in it till next year. Will be turned into an IP next year. Should the Depreciation...
Hello guys it’s my second post here. Iam still quite new in the property investment circle and have read 100 of threads here already. So many...
Hi all, I have an existing depreciation schedule for an IP in Brissy. I've since had $30k of bathroom renovation costs which I now want to...
Purchasing first two investment properties, whereby settlement occurs next Monday and I'm just wondering how to go abouts organising Property...
For tax purposes, say if I bought a brand new apartment and left it vacant for a year before renting it out, will the apartment already have...
My broker has told me that concessional super contributions will reduce my borrowing capacity. I found this quite surprising, can a broker confirm...
Hi all, Recently moved out of my PPOR and started renting it out. Prior to renting it out, we had around $7000 in repairs (electicals, plumbing,...
Did you know that a dog is a depreciating asset and if the dog is used to help you produce assessable income you could claim a tax deduction for...
Hi All, Hoping someone can point me in the right direction. I recently contacted BMT to arrange a depreciation schedule for a PPOR property that...
Depreciation1 by Annie33rd posted 29th Mar, 2022 at 9:09 PMDepreciation2 by Annie33rd posted 29th Mar, 2022 at 9:09 PM Hi there, Keen to...
Companies can be a good vehicle to hold property. But there can be a minor effect on income with the payment of franking credits because of...
Hi brains trust I am facing the following scenarios and wanted to check my understanding of whether it's a deduction or depreciation related to...
Good morning, To begin with, thanks to those on this forum. Your posts are tremendously helpful and have been great to read. I post here today...
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