Investor Guides | 5 min read
Depreciation schedule for rental property: what investors should know
A rental property depreciation schedule helps investors understand eligible deductions connected to the building and assets used to produce rental income.
Why rental property owners use depreciation schedules
Depreciation can improve after-tax cash flow by identifying deductions that may otherwise be missed.
The report provides a structured schedule for your accountant rather than leaving construction cost and asset values to guesswork.
What properties can benefit
New properties, renovated properties, strata units, townhouses, houses and commercial rental properties may all warrant review.
The likely benefit depends on construction age, purchase date, renovation history and income-producing use.
How the process works
You provide property details and available documents. BWK Group confirms the appropriate report scope and information needed.
The completed schedule can then be used by your accountant when preparing tax returns.
FAQs
Common questions
Do all landlords need a schedule?
Not every property will justify one, but many investors should at least ask whether eligible deductions may exist.
Can commercial rental properties use depreciation schedules?
Yes. Commercial properties can also require depreciation reporting, often with different asset and fitout considerations.