The industry's leading residential depreciation schedules

Depreciation for residential investment properties

Residential investment properties can generate substantial tax deductions for investors.

Some of the largest deductions are for capital allowance and depreciation

Each year as a property ages and wears out, the ATO considers that it has declined in value as an asset, it depreciates.  The amount by which it depreciates each year is claimable by the investor owner as a tax deduction.  Capital allowances and depreciation are typically one of the largest tax deductions available for an investor each year.  Unlike other deductions, where you have incurred an expense during the year, deductions for capital allowance and depreciation are simply calculated by a quantity surveyor and then entered on your tax return.  This increases your deductions claimable, reducing your taxable income and means you pay less tax!

Depreciation for brand new houses and units

depreciation of new build
depreciation schedule older property

Depreciation for older houses and units

Older properties can still generate some fantastic deductions for investor owners due to the 40 year effective life of construction, improvements and additional works and assets added over time.

Even where the timing or costs of works are unknown, a quantity surveyor can professionally estimate dates and costs for the purpose of depreciation.

A key consideration with established properties is the timing of the purchase.  This can determine whether depreciation of the second-hand assets acquired at purchase are eligible to be claimed as annual deductions, or at the time of sale.

If you are unsure about being able to claim enough depreciation for your established property, give our team a call for free advice and an estimate of depreciation deductions claimable. 1300 922 220

Our depreciation schedules include everything to maximise your depreciation deductions

Expert assessment of all buildings and assets

Reporting of depreciation both Division 43 capital works and Division 40 plant and equipment items. Furniture packages included as standard.

Prime cost and diminishing value methods

Calculations and forecasts using both prime cost and diminishing value methods so you can select the results that are best for you.

40 year schedule from first available date

Up to 40 years of forecasted deductions (or the maximum number available to the property) - starting specifically from your purchase date.

Historical and recent renovations factored in

Previous owners renovations and post-purchase improvements are researched, costed and included as a standard, including scrapping of assets (where applicable) during renovations.

Use of low cost and low value pooling

Low-cost and low-value pooling of assets to provide for more aggressive claims and higher deductions.

Ongoing updates to schedules available

Free ongoing updates as assets are replaced or added to the property (providing costs are provided).

How much depreciation could you be claiming on your investment property?

Find out with a free, personalised estimate from our team

3 simple steps to save you thousands

Order your depreciation schedule

We need some basic information to get started, such as your property address and contact details to arrange access (if necessary). Complete our simple form, or provide some details over the phone and we can make a start on your depreciation schedule today!

We do the work

Our expert team will arrange inspection (if necessary), conduct relevant property searches, estimate construction costs, assign asset values and effective lives, forecast claims over 40 years and deliver your report in a user-friendly format within 10 days* of inspection. 

Claim your deductions

Simply take your report along to your accountant, or have us deliver it directly, and start improving your cash flow straight away!

Number 1 for service, value and reliability

We are number 1 for customer service

Customer service is what really sets us apart from our major competitor.  We have grown our business primarily on word of mouth and referrals from accountants and other industry professionals.  Our Google and Facebook reviewers continually rate our service as 5 star. 

customer service

Our quality reports are the best value in the industry

Our attention to detail and extensive industry experience culminates in our reporting of the maximum depreciation deductions available for every property.  Every property is thoroughly and individually assessed using the most up-to-date information and reporting methods available.

You can rely long-term on our business and it's team

Capital Claims Tax Depreciation was established over 10 years ago and continues to be a leader in the field of quantity surveying for depreciation purposes.

Our business leaders individually have over 20 years experience in this industry alone and have presented on this topic nationally at conferences, expos, seminars and in print.  We are registered tax agents and our leaders are affiliate members of the Australian Institute of Quantity Surveyors. 

long term

Thousands of happy investors recommend our depreciation services every year!

  • I have worked with Capital Claims over the last few years and have at all times found them to be the ultimate professionals. The quality of the reports produced and the speed of service is second to none. I continue to work with his organisation because they offer excellent value for money and exceptional customer service. I would highly recommend anyone considering the preparation of a depreciation report to get in touch with Capital Claims. Salena Kulkarni

    Salena Kulkarni
    Phoenix Wealth Group / Principal
  • Capital Claims in Canberra made obtaining a tax depreciation schedule effortless. I did not need to organise anything, and the report was excellent value. I wish I had known earlier what they could do for my investment property!

    Kellin Kristofferson
    Artisan Law / Director
  • Very professional and turnaround time to get the reports have been fantastic - would recommend them to all our clients.

    Gay Spooner
    Key Real Estate / Director
  • Very friendly, personal service & efficient provision of reports. Definitely 5 stars.

    Maria Edwards
    Peter Blackshaw Woden and Weston Creek / Leasing and Business Development Manager
  • I have used Capital Claims Tax Depreciation for 2 of my properties. One located in Queanbeyan and the other down the coast. CCTP were able to accommodate both locations. Sean and the team were particularly helpful with our elderly resident at our coastal property showing plenty of patience. The reports were professional,thorough and easy to follow and well worth the cost. If you have an investment property - you need CCTD to keep you up to date.

    Brian Hunter
    Dizzy Office Furniture Dexion Canberra / Director
  • As an Accountant I found Capital Claims professional, priced well and very efficient. There reports are first class. My client was also happy with the service and report. Michael O'Hehir RSM

    Michael O’Hehir
    RSM / Principal
  • White Rhino Property is extremely happy with the continued service that Capital Claims provides us and our clients. We never hesitate to recommend them, as we find Capital Claims to be professional, knowledgeable and efficient. Chelsea van Zyl

    Chelsea van Zyl
    White Rhino Property / Director of Property Management
  • Here at Sidcor; we have had the pleasure of developing a great working relationship with Mark and the team at Capital Claims, they believe in providing a premium service that benefits both ourselves and our clients. Their knowledge and applied experience has assisted many of our clients improve their after tax position. Whilst we have found the Capital Claims team to have a detailed approach to preparing depreciation reports; we have also found their ability to look at the whole picture allows us to assist our clients with their property portfolios and wealth creation. We have always found their strong focus on delivering upon their promises a valuable asset that aligns seamlessly with our own philosophy of delivering impeccable customer service. As a partner in business, Capital Claims adds an extra dimension to our professional services and as such we can confidently recommend their services to professionals and property investors alike.

    Paul Siderovski
    SiDCOR Chartered Accountants / Director
  • Mark and the team have outstanding customer service standards and are very responsive on all matters. Importantly, the Capital Claims team have been able to deliver great results for our clients, which makes us look good. We have had numerous occasions where the expertise from Mark and the team has delivered thousands of dollars worth of tax refunds on properties for clients whom had previously been advised there was no point in having a schedule prepared.

    Warwick Jackson
    Berkmans Chartered Accountants / Director