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Post by charliereathes on Aug 20, 2020 14:46:34 GMT
As a third-party service provider, a property manager aims to serve both you and your tenants’ best interests. It’s their job to keep the tenants happy, while also ensuring that your building is staying in tip-top shape. You won’t have to worry about the day-to-day headaches that arise from having a rental property. Instead, you’ll just be making money.
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Post by dianelanix on Oct 2, 2020 12:49:01 GMT
Did you know that as the owner of an investment property, you’re entitled to claim depreciation on the home, its fixtures & fittings?
Depreciation is a significant taxation benefit, and surprisingly one which many investors are unaware of. It is also a non-cash deduction, meaning you do not need to spend any money to claim it.
When the end of financial year is nearing, it is the ideal time to have a Depreciation Schedule Report completed by a Quantity Surveyor. Simply hand this report to your accountant and they will include it with your income tax return.
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