$200,000+ Depreciation!

$200,000+ Depreciation!
June 8, 2017 Euan Rose

 

Over $200,000 worth of depreciation on a property more than 10 years old!!! Representing 49% value of the home.

Deciding to invest in property should never be made based solely on tax benefits. This depreciation outcome however is like this is cream on top at the end of a really great transaction.

This very neat and tidy property is located in an exciting diverse location, and was purchased for only $429,000 (more than $20,000 under vendors original price expectations).

Our clients Robbie and Danielle have just received their independent Tax Depreciation Schedule which confirms there is still $210,461 worth of depreciation available to claim in the property.  And add an impressive 5% rental yield! What a great start to Robbie and Danielle’s Investment journey!

Congratulations again Robbie and Danielle!

Propertyology are Australia’s most respected Buyer’s Agents, not just analysts.


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