Plant and Equipment Depreciation Rules (residential)

PLANT & EQUIPMENT CLAIMS (POST May 9 2017 Budget Night) There appears to be much misleading information circulating in regards to whether plant and equipment can be claimed on residential properties post-May 9 2017 Budget night. This has substantial negative financial impacts. The general misleading advice includes “no ‘Residential’ second-hand ‘plant & equipment’ can be claimed … Read more

Depreciation Schedule for Rental Property: What You Need to Know

Depreciation schedules for rental properties, why are they so important? If you own a rental property (whether acquired new or second hand from a previous owner), you need to know how to maximise the return on your investment. If you’re like most property owners, you don’t want to pay more than you have to in … Read more