New rights for tenants to have pets πŸ±πŸΆπŸ¦„ in rentals. Happier tenants right?

As a landlord of a property investment, if you see this as ‘ruined carpets waiting to happen’πŸ’©, well there can be good news as a tax benefit πŸ‘‡

If you need to replace the carpets, one can can claim 100% value of the ‘residue value’ left (remaining tax deduction value) when the old carpets are disposed off…

and claim deductions for the next 10 years on the new carpets.πŸ€—
If this sounds like a foreign language to you and you are a property investor, the reality is you most likely aren’t maximising (or worse forfeiting tens of thousands of $$ of tax claim deductions from neglect)

πŸ‘€Get in touch with BWK Group and we can rectify (with set and forget) and make it possible to claim your entitled tax write-offs as quantity surveyors and registered tax agents via our depreciation service.