If you own or are planning to buy an investment property then one of the things often overlooked is the ability to claim the appropriate tax depreciation allowances from losses incurred owning the home.
In simple terms, your investment property could actually be worth more than you think and by achieving the maximum allowed tax benefits, its return on investment could increase.
In this episode Jon Williams caught up with Kristian Jeromson, from leading depreciation specialists Asset Reports.
He explains how understanding all the benefits of owning an investment property is key to maximizing your returns and a depreciation schedule may just be your new best friend!
To speak to a qualified quantity surveyor about your property, go to assetreports.com.au or, as always if you need help with a property contact one of the expert property partners at theagency.com.au
