what is Depreciation – and why is it important on a brand new investment property Depreciation is one of the most powerful tax benefits available to Australian property investors. If you’ve purchased a brand-new investment property or a house and land package, you can claim thousands of dollars in tax deductions each year—boosting your cash… Read more
At Prospa Property Advisory we regularly speak with investors about the benefits of building a brand new investment property, rather than buying an established property. I know what you’re thinking: it sounds like a headache, particularly if you’ve never built a home before. Or, if you’ve had a negative experience with a builder before this… Read more
Why should you build your investment property? Lucrative Tax Benefits Through Depreciation With a brand-new, built investment property, there are significant tax savings. Through depreciation, or general wear and tear, you are able to claim tax returns each year. If your property is negatively geared – that is, you returns on rent do not meet… Read more
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