Methods of Depreciation

We were amazed at how much we were able to claim - $8,457.00 in the first year.

Glen Ryan and Rosy Ward,

Our property was almost cash flow positive and a depreciation schedule tipped it over the edge.

"After purchasing our property mid 2000, we completed a quick $13,000 rejuvenation and brought in Depreciator to do a Tax Depreciation Schedule. Our property was almost cash flow positive and a depreciation schedule tipped it over the edge. We were amazed at how much we were able to claim - $8,457.00 in the first year using the Diminishing Value Method. The schedule included $11,000.00 of Low Value Pool items, one of which was an allowance for the front door mats - now, that's what I call being thorough. And being thorough is what this company and its staff are all about. We found Depreciator very pleasant and professional to deal with and have since recommended them to several colleagues and friends who want to start investing in property themselves."

Methods of Depreciation

Do you know about the hidden cash flow sitting
in your investment property?

There are two methods of depreciation to choose from: Prime Cost and Diminishing Value. Depreciation Schedules must contain both methods, but not all do. Your accountant will help you work out which method best suits you. One thing to bear in mind is that when you start off using one method, you can’t swap to the other method. The treatment of Assets in the Low Value Pool also differs between the methods.