Property tax deductions, including plant & equipment depreciation and building allowances, are a valuable aspect of any property investment. After interest expenses, depreciation is generally the largest deduction available to property investors. At Write It Off we accurately prepare depreciation reports to allow you to maximise your depreciation deduction. Remember the bigger the deduction the greater the cashflow return from your investment.
We send an experienced building inspector out to your property to take an inventory and value all of the claimable assets that form part of your investment. We then provide you with a comprehensive 40 year report that allows you to clearly see your depreciation claim for the years ahead.
At Write It Off, we are so confident that we can improve your tax situation, that we guarantee that if the first full year’s depreciation claim is not at least twice our fee for preparing the report then we will do it for free.