Mike Mortlock is a quantity surveyor and director of MCG Quantity Surveyors. MCG specialise in tax depreciation schedules and construction cost estimating for investors.
4 things you need to know about depreciation this tax season
It’s that time of year again where television advertisements start battering us with acronyms like ‘EOFYS’ and shoeboxes of receipts are clutched in trembling hands ...
TAX & LEGAL • Tue, 24 Jun 2014
The depreciation difference: kitchen and bathroom renovations
This week the Housing Industry Association (HIA) released the HIA-GWA Kitchens and Bathrooms Report for 2013/14 and it presents some interesting implications for ...
INVESTOR STRATEGY • Mon, 17 Feb 2014
New legislation to be aware of
New effective life legislation from the ATO – TR 2013/4 in effect from 1 July 2013. On the 26th of June 2013, the ATO withdrew the taxation ruling TR 2012/2. This ...
HOTSPOTS • Tue, 13 Aug 2013
Pros and Cons of high yielding display homes
A display home can be a very attractive option when it comes to property investment. They’re normally built to a high standard, impeccably maintained and have guaranteed ...
HOTSPOTS • Tue, 30 Jul 2013
59 days, $3,000 worth of deductions
Let's talk about the average house that achieved over $3,000 worth of depreciation deductions in 59 days. At MCG we occasionally see some astonishing tax depreciation ...
HOTSPOTS • Wed, 15 May 2013
