Do you own a rental property? If so, have you considered getting a depreciation schedule? You may be surprised at the $1,000's in extra tax deductions you could get even on older properties. Speak to your accountant or contact us for more information P:1300 457 746
You can deduct depreciation only on the part of your property used for rental purposes. Depreciation reduces your basis for figuring gain or loss on a later sale or exchange.
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