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Tax Depreciation

Residential Depreciation

AU Tax Depreciation Quantity Surveyors is committed to assisting Residential Property Investors in maximising their depreciation entitlements on their investments by providing ATO-compliant Tax Depreciation Schedules.

Claiming tax depreciation on your rental properties can boost your tax savings/deduction amount and put cash back in your pocket.
Yet, not all investors claim this legal entitlement from the ATO. This can be due to a number of reasons: lack of awareness, confusion as to whether their investment property is qualified and lack of understanding of how valuable (in real cash) a tax depreciation rebate can be.
A Few Facts About Tax Depreciation Schedules (TDS):
  • Only one TDS is required per owner, (i.e. you do not need to have a TDS completed every year).
  • There are two claimable elements in TDS:
  • Additional Assests are "wear & tear" items such as carpets, curtains, fans, stoves, etc.
  • Capital allowance is the structure and any post-construction renovations and improvements.
Assets assume a new effective life from the date of settlement of the property. This means that as the new owner, you will be able to claim 100% depreciation on all assets regardless of their age, or the age of the dwelling.
  • Whilst properties constructed prior to 1985 do not qualify for capital depreciation, any additions or renovations conducted after 1992 do qualify.
  • All assets in a pre-1985 propery can be depreciated regardless of their age and condition, so it is definitely worth having a TDS completed for older properties.
  • If you have owned an investment property for 5 years and are doing your first TDS today, you are only able to claim 2 years in arrears, plus the current year!
We cover the whole country, providing professional on-site inspection and other free additional services, such as on-call estimates and report updates (conditions apply).
Every residential property investor can maximise wealth through tax depreciation.
Our Guarantee: Double your fee on Tax savings or our report is FREE.

And it’s all just one phone call away:

1300 688 188