1300 767 741

8am-6pm Mon-Fri
9am-4pm Sat-Sun
Enquiries & bookings

Residential Property

Depreciation Schedule for Residential Investment Properties

Owning an investment property is an opportunity for you to save tax by identifying items that depreciate over time and claiming these as deductions.

These deductions can be missed if you are not qualified and up to date with legislative and regulatory changes. Some significant legislative changes has occurred to plant and equipment effective the 9th May 2017. Please discuss this further with our office.

Prepared by a qualified Quantity Surveyor, our Depreciation Schedule makes it easy by identifying deductions you can make on the property and includes;

  • Capital works deductions – structural elements like built-in kitchen cupboards, clothes lines, driveways, fences and retaining walls, sinks, basins, baths and toilet bowls
  • Plant and equipment – removable assets that have a limited effective life and can decline in value over time such as hot water systems, air-conditioners, blinds and curtains, lights shades, security systems and swimming pool filters and cleaners. Some significant legislative changes has occurred to plant and equipment effective the 9th May 2017. Please discuss this further with our office.

Unlike some on the market our Schedule is ATO compliant, which means you can rely on it even in the case of a tax office audit. We use the services of Washington Brown.

You can arrange for your Depreciation Schedule by itself or as part of any of our property inspection options.

There are two ways to get your Depreciation Schedule.

Before you’ve made the purchase

A smart way to save money and time is to arrange the Depreciation Schedule before you’ve bought the property.

For only $60 we collect the required data for the Schedule when we are onsite for the building inspection.

If you proceed with the purchase we can then take this data and prepare your full Schedule, saving you time and the inconvenience of arranging access to the property again.

To save you money we will not only credit the $60 against the cost of the full Schedule ($693 incl GST) but give you a discount of $80 on top of that. That means you will only be charged $553 at the time of the full Schedule ($613 in total). That’s a SAVING of $80.00.
Please note prices are indicative and may vary by region & size of property.

 After you’ve made the purchase

You may decide you can wait to assess the deductibility of the property until after you’ve made the purchase.  In this case the Schedule is prepared at the standard rate of $693 incl GST and will be prepared within as little as 10-15 days.

To find out more about the Depreciation Schedule call us on 1300 767 741 or send an enquiry or make a booking

“Good experience for us. Friendly service and reports completed quickly. More than happy to recommend service to others.”
(Michael Hardman, Depreciation Schedule client, NSW South Coast)

“Thank you very much for your excellent service, we will most definitely recommend your company.”
(Lindsay, Investor, South Coast NSW)

“I thank Surety for your professional and friendly help with a number of reports as we endeavoured to purchase a house on the South Coast. You have assisted us to achieve a good result with the house we are now planning to buy. You were very good to deal with—always friendly, helpful, professional and thorough. You will be the company we will contact for any future reports.”

Sharon Matthewson, Sth Coast buyer

I met with Brendan on-site for a verbal debrief, and he was great – easy to speak with, and he was great at explaining things to me in a non-technical way. He’s given us a couple of things to think about, but that’s exactly what you guys are there to do.

Chris & Pam, Canberra

Contact us.

Property Works Pty Ltd Trading As Surety Property ABN 81 097 333 849
Call for a quote 7 days a week

Contact us

  • Enquiry and/or booking form

    Thanks for your interest in what we do. We promise to respond to you within 24 business hours. If you don’t receive a response from us within 24 business hours it means that something may have gone wrong in the cyber world. Please don’t hesitate to call us on 1300 767 741 to follow us up as your enquiry is important to us. Your information remains confidential and is never shared with a third party.

     

  • I want to...

  • (No payment details are required to complete this form)
  • The Inspection I'm interested in is...

  • Are you a

  • My details so you can get back to me quickly...

  • This field is for validation purposes and should be left unchanged.