News
The Benefits of a Tax Depreciation Report on your Residential Investment Property
Posted on October 13th, 2021
The following comments apply to most residential rental properties. There are some subtle variations, but as a guide this will normally apply. CAPITAL WORK You can more than likely claim depreciation on the construction costs of the house or any… Read more
Tax Depreciation on Residential Properties Explained
Posted on February 12th, 2020
The following comments are relevant to most rental properties. There are many subtle variations, but as a guide this will normally apply. Capital Allowance Houses or units starting construction after 15 September 1987, will attract depreciation on the… Read more
End of the 2019 Financial Year is near
Posted on May 21st, 2019
Well now the dust is settling on the 2019 Federal Election and Negative Gearing will remain untouched, it is hoped that Investors can return to the market to take advantage of great property pricing in the Central Queensland region at… Read more
Why one should engage a qualified Quantity Surveyor
Posted on November 16th, 2018
This is where our institute, the AIQS has completely dropped the ball. On one hand they force us to be Registered Tax Agents to be allowed to do Quantity Surveying work, then on the other hand allow “companies” like the… Read more
Marketing Myths
Posted on December 5th, 2017
Just having a read of a brochure prepared by a large Tax Depreciation firm and it lead me to “put pen to paper” to dispel some of the myths commonly found in these glossy brochures. Here are 3 beauties all… Read more
Changes to Residential Tax Depreciation following the 2017 Federal Budget
Posted on July 4th, 2017
In their wisdom the government is trying to do their bit for housing affordability. I am not going to even try and discuss how making investment property less attractive to investors will increase affordability… The main change: An item… Read more
New Rental Property Owners’ Checklist pre 30 June
Posted on June 14th, 2017
Recently Purchased a Rental Property? Here’s your 30 June Checklist to help get the required information ready for your accountant. Data your accountant will be looking for: Date the property was available for Rent Settlement Statement (Shows date, legal costs,… Read more
Guide for Rental Property Owners
Posted on August 25th, 2016
The Australian Taxation Office has recently released their Rental Properties 2016 document. A worthy read for owners of investment properties. Click the link below to download a copy. Download Rental Properties 2016 Of particular interest on page 25 is the… Read more
Tax Depreciation Explained
Posted on June 20th, 2016
With 30 June looming I thought I would jot down a quick summary of the Tax Depreciation process for those still a little unsure about it. Your own accountant should be suggesting these reports. If not, be sure to… Read more
Busy Brahman week of interesting discussions
Posted on May 24th, 2016
Well last week was a busy one. Monday 16th saw the Capricornia Chamber of Commerce meeting at Frenchville Sports Club. As well as our speakers – Helen Quaife from State Development and Jason Foss from Almost Anything, we had… Read more