08 8258 2211   |   petermigali@professionals.com.au
Register for Alerts   |   Login to Alerts


33a Ann Street Salisbury

08 8258 2211

08 8258 0099


Contact us





Tax Depreciation Schedules on Your Investment Property

22 May 2013 Salisbury Professionals 0 Comment

Pay less tax:

Tax depreciation or property depreciation on an investment or commercial investment property is a legitimate deduction against assessable taxable income,allowing property investors to reduce their tax payable andredirect the savings to other areas.

It works by allowing property investors to deduct a portion of the original costs of Plant and Equipment and Capital Allowance on their investment property each financial year, over the effective life of that item.

The Australian Taxation Office (ATO) recognises that assets purchased for investment properties are generally purchased for generating rental income and represent a legitimate cost to the owner.

The ATO also recognises that the value of these assets reduces in value with time and should be allowable as a deduction against the income produced by the investment property.

Different items within a rental property enjoy different rates of depreciation based on the effective life of each item.

Qualified quantity surveying companies such as DEPPRO have the expertise and knowledge to know which items in rental properties are depreciable, and how savings can be made for investors.

Insist on getting properly depreciated to ensure maximum returns on your investment property and enjoy thousands of dollars in tax savings legally available to you.

Order forms can be completed online or forms downloaded at www.deppro.com.au  or simply call 1300 888 489, and one of our helpful staff will be able to answer any questions you may have, and will also be able to get the ballrolling for you.

Who we are.

We are a privately owned national company, with around 30 employees around the country, with our head    office in Brisbane.

DEPPRO is a proud member of the Australian Institute of Quantity Surveyors (AIQS), a professional standards body ensuring practicing Quantity Surveyors maintain the highest standards of professional excellence.

DEPPRO is the only property depreciation company in Australia to have its methodology and systems fully approved by the Australian Taxation Office.

Not only will we apply the latest ATO rulings and interpretations to ensure maximum returns for investors, but the way we do it is also ATO compliant.

DEPPRO SA state manager, Darren Phillis, has looked after Professionals Real Estate clients depreciation needs since 2007, and in that time has completed around 3,500 property assessments for landlord’s tax purposes in every state and territory of Australia.Darren lives locally at Wynn Vale, so is ideally positioned to be able to assess your property in a timely manner.

Special Offer

Clients of Professionals Salisbury can get a depreciation schedule on their investment property for the discounted rate of $544.50, which is fully tax deductible. We also guarantee that the client will get twice the tax deductions in the first full year, or the report is free. Call us on 1300 888 489, to see how we can help you.

Copyright © 2018 Professionals Real Estate  |  Privacy Policy & Disclaimer  |  Made in Melbourne by iProperty