Pages Menu

The Turmoil of Taxes

Just Purchased An Australian Investment Property? What Should You Know About Depreciation?

Posted by on Dec 9, 2016 in Uncategorized | Comments Off on Just Purchased An Australian Investment Property? What Should You Know About Depreciation?

While depreciation is generally viewed as negative — especially when it comes to quickly-aging assets like vehicles — in the investment property context, depreciation is key to lowering your tax bill. However, for those who don’t have much experience in rental real estate or real estate taxes, the idea of depreciation and tax depreciation reports can seem overwhelming. Once you’ve purchased your property and put it into rental or lease service, where should you begin? Read on to learn more about depreciating your new...

read more