Investment Property Depreciation Schedule

1. Designed By:Dylan Agaundo Date:13-08-2015 Website:www.taxdepreciationschedulesaustralia.com.au

2. Investment Property Depreciation Schedule Tax Depreciation Schedules Australia keeps up report on which all evaluation scale are notice for property's decreasing cost and since it has gotten till now to know the commitment on it also to lessen study over it. Moreover doing so it will be valuable for you to make budgetary benefit and make you augment free by doing all steps in light of a genuine sympathy toward your side. We at Tax Schedules Australia gain knowledge of property investments of yours at first and then agree on our fee for the tax depreciation schedule computation which is fairly ideal for everyone. If everything goes according to the plan, our service and our terms and condition suits you, we fix up the date to start the work and pick our best quantity surveyors to undertake your work. Once the quantity surveyor is assigned with your work, he goes for physical inspection along with your preferred property manager. We then start preparing your tax schedule and once it is done it is sent to you by e-mail. This whole process takes a period of two to three weeks if our quantity surveyors are allowed to work without disruptions. The fee that you pay us is hundred percent deductible. According to the Australian Tax Office (ATO), all property investors must avail a depreciation report prepared by a qualified Quantity Surveyor. The Quantity Surveyor will assess the site and compile vital data on which the schedule is dependent. The report is assessed by the ATO when investors claim tax deductions for depreciation on their realty assets. These reports are required to be prepared by a quantity surveyor only as accountants can just relate actual costs, but are not capable or permissible to estimate construction costs. As per the Tax Ruling 97/25 of the Income Tax Assessment Act (1997), “valuers, real estate agents, accountants and solicitors usually lack the relevant qualifications or experience to prepare tax depreciation estimates.” So as to increase your depreciation claim you need a report compiled by a qualified professional – i.e. a Quantity Surveyor! We at Tax Depreciation Schedules Australia, hire only qualified quantity surveyors so you need not have to worry about the authenticity of the tax depreciation report when you are getting it done by us. Tax depreciation benefits are available on properties constructed prior to 1985.Even if your property is old i.e. constructed before 17 July 1985, for residential properties, claiming some deductions is possible. Deductions like these may include cost of improvements before your purchase e.g., concreting, painting, renovations etc. The value of plant and equipment items within the property premises viz. blinds, carpets, stovetops, hot water systems etc. also are eligible to be claimed. So this will help you to turn your downbeat cash flow into upbeat cash flow. The report of a Quantity Surveyor includes; a life-time -40 year depreciation schedule valid for the natural life of your property, the prime cost and diminishing value methods of calculation. A graph depicting the optimal method employed to calculate claimable tax benefits, a 100% first year claim for low value items having cost no more than $300. A Tax deductible invoice, a guarantee to give a FREE report if the Quantity Surveyor couldn’t reach to any depreciation claims figures in the first year of claim i.e. 3 times the professional fee.

3. WE ARE QUALIFIED QUANTITY SURVEYORS As our team carries full qualification as mandated by the industry authorities’ viz. Australian Institute of Quantity Surveyors (AIQS). This accreditation allows them to provide a full range of depreciation schedule solutions. The AIQS membership facilitates our qualified team to comply with the Australian Taxation Office (ATO) rules. Our team members of Tax depreciation Schedules Australia also hold relevant construction industry qualifications, thus adding to their skill-set in embarking upon issues like construction costing, Income Tax Assessment Act, applicable income tax rulings, Case Law and other skills to scrutinize research and review quantification of depreciable deductions. WE GUARANTEE YOU Drawing on the rich experiences of our qualified Quantity Surveyor team in Australia, we guarantee that you will receive healthy returns from our services. Our passion is to give you satisfaction via our services to make available reasonable tax depreciation claims by delivering substantial benefits from capital allowances and tax depreciation claims. We guarantee specialist tax depreciation claims services for all of your different needs of commercial, industrial, residential, or hotel properties. If you are a property investor or owner looking to claim the maximum possible amount of property depreciation tax deduction available, we guarantee to give you the best service experience. We guarantee you that your depreciation schedule will be primed by whiz and well qualified quantity surveyors only. And at last need we say that the fee of our services will be less than the ensuing benefits of our services? So get in touch with us to get timely and excellent tax depreciation schedule. We are available round the clock, even during festivities and holidays

4. Depreciation Schedule for Investment Property Most of property investors do not realize that there is so much they are missing out on failing to claim them by not hiring a Quantity Surveyor. The value of the Depreciation that is claimed can range between $1,500 and $ 15,000 per year. For someone in the top marginal tax bracket of 45 cents in the dollar, the effect of tax depreciation is to put between $675 and $6,500 per year back in their pocket. We are a group of professional Quantity Surveyors with the experience and customer service commitment that ensures our ability to deliver timely ATO compliant depreciation reports throughout Australia. The amount of the deduction varies depending upon the date of the original building construction but is either 2.5% or 4% of the Capital Works Component of the building cost. Property investors need an ATO compliant tax depreciation report for claiming tax benefits as directed by the Australian Taxation Office rulings. Property investors can claim tax depreciation claims on an investment property and make their cash flow lucrative. Among all the tax deductions possible for property investors, depreciation is often ignored though investors do not need to expend any money on claiming it. This tax benefit can be claimed on the building structure and on current fittings and fixtures. Realty industry research states that over 80% of property investors don’t even aim for availing advantage of property depreciation. The Australian Taxation Office (ATO) allows property investors to claim rental & investment property depreciation deduction on their building, plant and equipment items inside the building. The ATO has stipulated over 1500 items as depreciable assets and parts of the buildings. Claiming depreciation tax deductions, investors need services of a qualified Quantity Surveyor for detailed tax depreciation schedule. In and all by utilizing the benefits of property Depreciation, the investor can turn what may otherwise be a negative cash flow into a positive cash flow.