Maximise Your Depreciation
Awesome Service
We take the business of maximising your returns very seriously.
MULTIPLE SCHEDULES
We provide both Diminishing Value & Prime Cost Schedules
GREAT VALUE
INCREASE YOUR CASHFLOW
Consolidate and recover all your investment property expenses and depreciation allowances.
GET AN ATO COMPLIANT REPORT
Ensure you are using the correct calculations and additions for each specific year.
MAXMISE YOUR DEPRECIATION SAVINGS
Using the current and future depreciations schedules will deliver considerable savings for your investment property costs.
Highlights of the DEPEX Depreciation Report
Property tax allowance deductions, including depreciation and building allowances, are a valuable aspect of any property Investment.
By correctly claiming and maximising your depredation deduction, you, as a property investor, can significantly enhance the after tax benefit from your investment and generate a healthier cash flow.
DEPEX can provide you with the tools to allow you to analyse the often tremendous benefits of a depreciation claim with your Tax Advisor or Accountant.
Investors are generally unaware of the claims through:
- Renovations or Additions
- Plant and Equipment – Including Furniture
- Pre 1985 Construction
In additon, if you have been under claiming depreciation on your rental property investment, the ATO allows you to amend up to 2 years of previous tax returns.
Get A Free Consultation
We’ve Been Maximising Property Investment For Over 20 years
DEPEX WA specialise in maximising the
legitimate depreciation claim available to you through your property investment.
Let’s Build Something Together
We’re here to answer any of your questions and help explain the process and opportunities of a correclty assembled depreciation report. Contact us for any quesitons you may have.
HOW MUCH WILL MY PROPERTY DEPRECIATION REPORT COST ME?
The cost of preparing a property depreciation report varies according to the type, location and size of your property. Don’t forget the property depreciation schedule fees are 100% tax deductible. Obtain a free quote today to see how much you can save call our Customer Service Helpline on 1300 357 990
IS IT WORTHWHILE TO CLAIM DEPRECIATION ON OLDER PROPERTIES?
Regardless of the age of the property, there may be deductions you can claim. These may include building improvements and the value of plant and equipment associated with the property. In DEPEX’S experience, a comprehensive property depreciation report for an older property is likely to generate significant deductions and should more than cover the cost of the report.
DO YOU VISIT ALL REGIONAL AREAS?
DO I HAVE TO DO THIS PROPERTY REPORT EVERY YEAR?
A DEPEX property depreciation report is valid for the lifetime of the investment. However, it is recommended you update your schedule if capital works are undertaken on the property or assets in the house are replaced.
DO YOU INSPECT ALL INVESTMENT PROPERTIES?
DEPEX carries out onsite inspections of all properties for our clients. Our staff of qualified inspectors has the expertise and knowledge to know which items in rental properties are depreciable and how savings can be legitimately achieved for our clients.
WHEN CAN DEPEX START THE PROPERTY REPORT?
The report will always begin from Settlement Date for the property and the date that the property became available for rent.
THE PROPERTY IS BUILT PRIOR TO 1985, IS IT STILL WORTH DOING A REPORT?
Even if your property was built prior to the qualifying date for capital works deductions (17 July 1985 for residential, properties) you will be entitled to some deductions. These may include the cost of improvements prior to your purchase (for example, concreting, painting, renovations), and the value of the plant and equipment items within the property, such as blinds, floor coverings, dishwashers, air conditioner, stove, oven, hot water systems etc.