Too often investors miss out on valuable deductions because they don’t believe a depreciation schedule will be worthwhile for their property.
Don’t waste time assessing the feasibility of a depreciation schedule for an investment property – leave it to an expert.
Use the features of our report to compare depreciation schedules in the market:
40 year forecasts
Our reports forecast a full 40 years of deductions making it a once-off purchase for the life of the investment.
Diminishing value and prime cost
Both methods of depreciation are reported allowing the investor to tailor their strategy to their personal circumstances.
Low cost and low value pooling
We utilise both methods so investors can claim aggressively in the earlier years of the investment when costs of holding are typically higher.
Pre-purchase renovations
For older properties our team will identify any works completed over time and ensure construction, asset values and effective lives are calculated from the most recent completion or install dates maximising all potential deductions.
Inclusion of preliminary and consultant fees
Our asset values include apportionment of preliminary and consultant fees to ensure maximum, legitimate values are attributed to all assets.
Disposal of assets – “scrapping”
Where applicable, scrapping is included as a standard in our depreciation schedules to ensure investor claims for renovations are maximised. Scrapped items are valued and written at 100% in the year of disposal.
Full estimation of construction and asset costs
Where full costs are not available our team are qualified to estimate the full costs.
Lifetime of free updates
We will update reports free of charge when investors replace/install new assets and provide evidence of the costs of those assets.
If you own an investment property, the best way to ensure your depreciation deductions have been maximised is to use a depreciation schedule prepared by Capital Claims Tax Depreciation.
To receive a free quote plus an estimate of deductions you may be entitled to, simply complete our “Get a Free Quote” online form. Or call and speak to our friendly team on 1300 922 220 to discuss your investment property.
We’ll include an estimate of your potential deductions, and if we can’t guarantee a strong result, we’ll let you know up front and there will be no cost to you.
