vicpark Only 20% of Property Investors Know this One Step Which Could Save You Thousands of Dollars Each Year…
Are You Missing Out On $1000’s in Tax Deductions on Your Investment Property?
How a Tailored Depreciation Report Could Save You $1000s on Your Tax Returns for Years to Come…
Are you a member of the group estimated to include 80% of all Property Investors and Landlords who do not have a tailored Depreciation Report for their rental properties?* If so, this could be costing your literally thousands of dollars each year on your tax return’s bottom line. But it doesn’t have to be this way.
In fact, a current, accurate, customised Depreciation Report could not only benefit you by ensuring you claim every allowable depreciation deduction on your investment property -potentially saving you thousands of dollars at tax time- it could do so for years into the future.
This was definitely the case with a couple of our property owners, Mr and Mrs Dawson, (not their real names) when they recently decided to invest in a tailored Depreciation Report for their luxury rental property in St James. The modern, spacious two storey home was approx. two years old with a below ground pool, attractive outdoor entertaining and alfresco dining area.
After a 1 hour onsite inspection with property depreciation specialists, Asset Reports, the Dawsons received a full Depreciation Report, including tailored Depreciation Schedule, for an investment of just $615.00. More importantly, you can imagine their surprise and delight with the result when they gained $20,317 worth of allowable deductions on their tax return in the first year alone. Ultimately this translated to a whopping $7517 savings on their bottom line this year and even better still, the Depreciation Report covered them for the next 40 years.
Additionally, this allowed the Dawsons to free up their valuable investment funds so their money could work harder for them now because when it comes to depreciation claims, it’s a matter of use it now or lose it. And with the tailored Depreciation Report/Schedule in place the Dawsons were comfortable in the knowledge they had their allowable deductions handled for the foreseeable future.
So if you are interested in receiving the benefits of a professional and customised Depreciation Report on your investment property and potentially reducing your taxable income, contact me on 0403 588 880 for further details. All it takes is a phone call and the great news is, Asset Reports offer on the spot estimates over the phone, when you provide them with the address of your property.
Please Note, we recommend you always discuss the implications of investment property tax deductions with your accountant or licensed financial advisor before proceeding.
Regards,
Dean Nicolo
