Depreciation! What is it and how does it help you…

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Depreciation is the property investors secret weapon. This can make a negatively geared property positive cash-flow. Giving you tax deductions without you needing to fork out money for that financial year.

When you buy an investment property one of the first jobs you should do once the property has settled is organise a quantity surveyor to come do a depreciation schedule for you. At a cost of about $600 this is a worthwhile investment. A depreciation schedule will outline the amount ...

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