Who Said You Must Buy New To Obtain Depreciation

Who Said You Must Buy New To Obtain Depreciation
February 6, 2017 Euan Rose

propertyology-your-results-depreciation-38

Who doesn’t like a bonus cherry on top?

This low maintenance 3-bedroom, 1-bathroom home which we recently assisted first time PROPERTYOLOGY client Sarah purchase, is just another example why the saying “you must buy new to obtain depreciation” is just not true.

After purchasing this 23 year old property for the very affordable price of only $215,000, Sarah has just received her independent Tax Depreciation Schedule which confirms there is still $82,760 worth of depreciation available to claim in the property.  Add that on top of an already impressive 6.5% rental yield, this is an overall excellent kick start to Sarah’s property investment journey!

 

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


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