Tax and legal advice

Property Tax Depreciation the NBtax way!

 

Promoted by NBTax

Property tax depreciation – the hidden property investor's treasure.

There’s a way to unlock cash and grow your property portfolio faster – and now it's quick and easy. Introducing Napier & Blakeley's NBtax – a convenient mobile solution to manage your property tax depreciation that helps you maximise your return, with absolute minimum hassle. And with the current interest rates as they are, it’s a property investor's secret weapon to keeping those tax bills down. 

New to property investment?

Then you might be wondering what exactly property tax depreciation is. Well, if you have an investment property that generates income, chances are you’re eligible to claim property depreciation as a tax deduction. You can claim two components, Depreciating Assets and Building Allowances. Depreciating Assets include plant and equipment within your property, things like carpets, lifts, appliances and white goods, while Building Allowances are primarily based on the structure of your property. Both these components depreciate at different rates so a detailed, professional schedule is needed to maximise your returns and keep the tax office happy. It can get a bit confusing which is really why you need the experts on hand to help you work it all out. Our reports give you the numbers you need to ensure you’re getting the most depreciation available from your investment property.

 

We know, it still sounds complicated.

Many investors get so overwhelmed with the details of property tax depreciation, but if you want more cash in your back pocket, then NBtax is your simplest answer. Respected industry leaders Napier & Blakeley have created NBtax - a fast and simple online request process where we only ask for the information needed to tailor your maximised property tax depreciation schedule. Once you’ve submitted your request our experienced teams of Quantity Surveyors take it from there. It’s about providing a quick, easy, accurate – and stress free property tax depreciation solution.

 

It's the latest development from the people who know.
Napier & Blakeley have been at the forefront of property tax depreciation since the very beginning. We were the first professionals to provide residential property investors with property tax depreciation schedules in the mid 80s, and thirty years on we’re still the market leaders. Napier & Blakeley have amassed an immense wealth of knowledge across the country in all fields of property consulting. Our construction cost data bases are unparalleled and enable us to provide accurate, compliant schedules. NBtax combines years of diligent experience with the latest in mobile technology – the best of both worlds. We are ideally placed to provide you with a maximised property tax depreciation schedule so you can pay less tax and enjoy more cash.  

 

Sounds exciting right – even though it’s tax.

 

It is, because it’s tax that gives back!

Tax Depreciation can potentially reduce your taxable income by tens of thousands of dollars over the life of your investment. This is not something you want to get wrong. Some investors get a property tax depreciation schedule from the cheapest online search result when they buy their investment – saving a few dollars at the time but potentially costing thousands in unclaimed deductions in the long run. Remember, don’t rip yourself off. A poorly calculated property tax depreciation schedule is mostly likely costing you money right now!
With an NBtax property depreciation schedule on hand for your property investment, you’re able to relax and know that we’ve got your back. Our property tax Quantity Surveyors are registered tax agents and the most experienced in the industry and their objective is to produce a maximised property tax depreciation schedule.

 

Get smart.
With a forever expanding and growing property market, NBtax was not only created to help investors by providing maximised property depreciation schedules, but also to educate investors of the benefits of property tax depreciation. The benefits of being a smarter property investor are endless. NBtax helps you get there. Know more, pay less is one of our mottos. We know how to help you maximise your property tax depreciation deductions. Let us help you become a smarter investor, cut your taxable income and put more money back in your pocket. That is the benefit of an NBtax property depreciation schedule – peace of mind and maximum returns.


We all know that reducing your taxable income means one thing – more money in YOUR pocket! It’s now easier and faster than ever – with Nbtax. www.nbtax.com.au

 

 

NEWSLETTER
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About the Blogger

NBTax

NBTax

Taking the depression out of depreciation!

There’s one area even experienced property investors can struggle with – property tax depreciation.

NBtax was created by Napier & Blakeley with one purpose. To make the complicated uncomplicated. To simplify property tax depreciation for investors big and small alike, making it an easily obtained service.

Anyone who owns an investment property in Australia, if that property generates a declared income then property tax depreciation is most likely applicable.

NBtax wants to educate all property investors, and simplify the process of obtaining a property depreciation schedule, so you can spend less time worrying about your investment and more time enjoying its benefits.

Napier & Blakeley, the parent company of NBtax were the first to produce property tax depreciation schedules in 1985 and have continued to be the market leaders.

Napier & Blakeley is an independent and privately owned, international, integrated, property services consulting organisation.

Cost. Risk. Return. This reflects our clients’ mandate. Put simply, our goal is to make property more valuable by minimising cost and risk and importantly maximising potential return.  

After 30 years it is still a fact that investors are not aware of the clear benefits obtainable by using a professionally produced property tax depreciation schedule.

This is why NBtax was created – with 30 years of expertise, NBtax is perfectly positioned to produce a compliant and maximised property tax depreciation schedule to ensure your returns can be maximised.

Supported by the national network of Napier & Blakeley, NBtax can service any property anywhere in the country giving you the ease of mind to know we’re here for you. Anywhere, Anytime.

Visit www.nbtax.com.au today to find out how we can help you maximise your property investment return.

Email:
promoted stories

podcast

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Will Magee has had ambitions to enter into the Australian property market for quite some time, but it has been more than just finances holding him back.  Having been granted permanent residency just two weeks ago, Will is wasting no time and is now in the process of signing papers and finding his first investment property.

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In this episode of the Smart Property Investment Show, Will joins host Phil Tarrant to share why he is purchasing his first property in partnership with his brother, discuss the complications that can arise from such a strategy, and unpack the ongoing plan for building a joint property portfolio with his brother.

Will will also share how they approached saving for their first property, why he is taking out the mortgage in his name exclusively, and share their savings plan for the year ahead.

If you like this episode, show your support by rating us or leaving a review on iTunes (The Smart Property Investment Show) and by following Smart Property Investment on social media: FacebookTwitter and LinkedIn.

If you have any questions about what you heard today, any topics of interest you have in mind, or if you’d like to lend your voice to the show, email [email protected] for more insights!

RELATED AREAS OF INTEREST:

From property in Australia to a ski lodge in Japan
Mortgage Trusts, an alternative first step for property investors
Should a real estate title be in one person’s name only?

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A property investment plan years in the making
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Median house prices in regional Victoria outperformed that of Melbourne in the June quarter, the latest REIV figures reveal. 

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Median house prices in the regions rose 4.0 per cent to $419,500 but in Melbourne they dipped by 0.6 of a percentage point to $840,000.

The result in Melbourne was due to a 0.8 of a percentage point fall in prices achieved at auction; this was despite a lift of 2.3 per cent in private sales.

Inner Melbourne suffered due to auction prices, where median prices fell by 4.9 per cent to $1,459,000 but it was middle Melbourne that was hardest hit, with a 5.4 per cent drop to $974,500.

Outer Melbourne had a good quarter with the median rising by 0.5 of a percentage point to $681,000.

Apartment prices in regional Victoria grew by 3.7 per cent to $304,500 while the metro media was up by 0.5 of a percentage point to $604,000.

REIV President Richard Simpson said that despite fewer sales, many sectors of the market were performing well.

“2017 was a bumper year and while the trendline has flattened, despite the fall in median house prices in the June quarter, median prices are still up this calendar year for both houses and units, in Melbourne and in the regions,” Mr Simpson said. 

In particular there was been strong growth in regional centres which is probably due to the first-home buyers’ concessions said Mr Simpsons.

“The first-home buyers’ concession has been a boon for regional areas. A new entrant to the property market buying a house at the regional median will pay no stamp duty, while a first home buyer of an apartment in Melbourne at the median price would pay stamp duty of nearly $25,000,” he said.

Mr Simpson said that more prospective buyers are looking towards regional Victoria which is also having an effect in Melbourne.

“Melbourne’s outer perimeter continues to grow. Small increases in the June quarter mean that the median prices for both houses and units have risen over 10.5 per cent from a year ago.

Mr Simpson said moving forward that vendors need more realistic expectations as the highs of 2017 are now over.

“Negative chatter about the future of the sector coupled with stronger lending controls by financial institutions has created some uncertainty and vendors need to be realistic with their price expectations,” Mr Simpson said.

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Regional Victoria showing up Melbourne in price performance, new data finds
object(stdClass)#1180 (52) {
  ["id"]=>
  string(5) "18277"
  ["title"]=>
  string(38) "From pirouettes to property investment"
  ["alias"]=>
  string(38) "from-pirouettes-to-property-investment"
  ["introtext"]=>
  string(381) "

If Mark Hodge’s face looks familiar to you it could be because of his time working as a professional entertainer which saw him working with the Australian ballet, appearing on multiple seasons of Dancing with the Stars and touring in musical theatre for 17 years. What you may not know is that Mark is also heavily involved in the short-term property rental marketspace.

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Mark joins host Phil Tarrant to discuss his transition from entertainer to investor, a journey pushed forward by dance related injuries and even a hit and run which saw him needing to find alternate methods to bring in an income. Mark shares how bad long-term tenants and a gang member guided him to the short-term rental market, and how this pushed him into helping others to realise the same benefits.

Mark will also address the common concerns, discuss what his company Maisonnets specialise in and unpack how they are making the process of filling short term rentals easier for investors.

If you like this episode, show your support by rating us or leaving a review on iTunes (The Smart Property Investment Show) and by following Smart Property Investment on social media: FacebookTwitter and LinkedIn.

If you have any questions about what you heard today, any topics of interest you have in mind, or if you’d like to lend your voice to the show, email [email protected] for more insights!

RELATED AREAS OF INTEREST:

The hard-to-swallow truth: The prickly points of the Airbnb reforms
Airbnb reforms unpacked for property investors
Airbnb leasing: What are a landlord’s rights and responsibilities? 


AREAS MENTIONED:

Melbourne
Sydney
Rushcutters Bay
Maroubra
Potts Point

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From pirouettes to property investment

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