Most commercial property investors desire to pay less tax to reduce operational costs while recovering debt as fast as possible. A depreciation schedule helps such investors to achieve cost-saving. However, many investors fail to take advantage of such provisions in Australian tax laws. Notably, a certified quantity surveyor must inspect a commercial property to document all depreciable items before preparing the report. This article is a guide for preparing a tax depreciation schedule. [Read More]

If you have been considering purchasing investment properties, then you will be aware that there can be major financial benefits that can come with property ownership. What you may not be aware of is that investment properties can also bring substantial tax benefits. Here are four tax advantages that you can get when you purchase investment properties. Benefit from capital gains tax exemptions While you can only get an exemption on one property it is always worth checking that you qualify for capital gains tax exemptions by using the property as your main place of residence. [Read More]