INSIDE COMMERCIAL PROPERTY: The 101 of buying commercial property through an SMSF
On the latest episode of Inside Commercial Property with Rethink Investing, hosts Phil Tarrant and Scott O’Neill talk ...
While the complex intricacies of depreciation can be overwhelming for new and experienced investors alike, an accurate depreciation schedule can significantly amplify your portfolio’s worth.
Host Phil Tarrant is joined by Tuan Duong, quantity surveyor from Duo Tax, to break down the role of a quantity surveyor, answer common investor questions about depreciation, and specify under which circumstances it’s worthwhile to make a claim.
Tuan explains how tax office legislation around depreciation has changed over the years due to misuse and the implications of the latest policies on investors in new and second-hand properties.
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Depreciation is defined as the decline in the value of an asset.