Investors often confuse repairs, maintenance and capital improvements. They are all legitimate tax deductions, but repairs and maintenance are treated differently to capital improvements when recording
The short answer is yes! In many cases, investors who purchase second-hand residential properties after May 2017 can still claim some substantial deductions for depreciation,
Tax deductions for depreciation is certainly not the only thing, or even the most important thing that investors need to consider when purchasing an investment
Capital allowance is often referred to in general terms within the property industry as Tax Depreciation. Capital allowance is a tax deduction claimable for the
Experts recommend claiming depreciation on your rental property Pick your favourite property expert and check out their advice regarding the benefits of claiming depreciation on their investment