TAX DEPRECIATION EXPLAINED SIMPLY

So many investors don’t realise that they can claim tax depreciation on their property to make significant savings when they lodge their tax returns.
You hear about tax deductions, depreciation, low-value pooling and all this jargon, but no one ever really explains what tax depreciation fundamentally is.
Now, if you're a property investor, what should you do to take advantage of tax depreciation?
Today, we're here to break down all the essential things you need to know about tax depreciation.
CHAPTERS:
00:00 - Intro
00:22 - Tax Depreciation Explained
01:26 - Two Types of Depreciation
02:01 - ATO Tax Ruling You Need to Know
03:00 - How to Claim Tax Depreciation
03:41 - Tax Depreciation Eligibility
04:47 - When Should You Get a Depreciation Schedule
05:23 - Final Thoughts
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Tuan is the Director of Duo Tax Quantity Surveyors. For the past five years, he and his team have helped thousands of property investors maximise their tax deductions through the power of tax depreciation schedules. As an avid property investor himself, his mission is to help all property investors get the most value out of their investments.
Contact us:
duotax.com.au/getaquote/
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Connect
Website: duotax.com.au/
Facebook: / duotax
LinkedIn: / duo-tax-quantity-surve...
Instagram: / duotaxqs
RUclips: / @duotax
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Video produced by Social Wave
www.socialwave.com.au

[@ejay0503]

Super easier to understand. Thank you very much!

[@anthonyshelly4718]

Excellent information! Thank you!!

[@allegri9cl]

Can you please do a video on - tax deductible ‘allocation of borrowing cost’? What is it and how does it apply, is it only for first 5 years?
Also negative gearing please.