Understanding Depreciation Schedules for Your Property Investment
As an owner of an income-producing property, you want to ensure you’re maximising the value of your investment – and that’s where depreciation schedules come into play.
At Fraser Valuers, we specialise in ATO-compliant Depreciation Schedules, helping you claim the tax deductions you're entitled to. Whether your property is commercial, industrial, residential, or rural, our detailed and accurate reports can offset the costs of your property’s assets over time.
What Is Depreciation? Depreciation refers to the gradual wear and tear of a property’s assets, which you can claim as a tax deduction. It’s an effective way to reduce your taxable income, making sure that you’re making the most out of your investment property.
Is Your Property Eligible? If your property was built after September 1987 or improved after February 1992, you may be eligible for tax depreciation deductions. For plant and equipment within your property, you can claim deductions even on older properties (with some restrictions for residential properties purchased post-May 2017).
Why Choose Fraser Valuers? As registered and qualified Quantity Surveyors (QS), Fraser Valuers is recognised by the Australian Taxation Office (ATO) as the most qualified profession to estimate depreciable expenditure on your property. With extensive local knowledge and industry expertise, we ensure every client receives the best possible advice for their investment.
If you're ready to claim what’s rightfully yours, get in touch with Fraser Valuers today.
?? 07 4668 9681 ?? Suite 18, 81 Heeney Street, Chinchilla QLD ?? www.fraservaluers.com