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  • Profile photo of Mortgage HunterMortgage Hunter
    Participant
    @mortgage-hunter
    Join Date: 2003
    Post Count: 3,781

    Some interesting reading. I am getting a report done at the moment by these folks – they seem very professional. They refund the costs if they don’t get you a tax claim larger than the report cost!

    http://www.deppro.com/articles.asp

    Simon Macks
    Mortgage Broker
    [email protected]
    0425 228 985

    Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

    Profile photo of hgwellshgwells
    Member
    @hgwells
    Join Date: 2003
    Post Count: 127

    thanks Simon, interesting points to consider in the articles. HG

    Profile photo of Dingo21Dingo21
    Member
    @dingo21
    Join Date: 2003
    Post Count: 25

    In order to protect yourself from the tax man it is always prudent to obtain a QS report. The ATO have been extremely unhappy with some investors estimation of the depreciable value and in most cases now want to see a QS report. Add to this the fact that in most cases a QS can maximise the depreciated items and it’s money well spent.

    If you have a look at:

    http://invest.dha.gov.au/dha/

    this has some good examples of depreciation schedules. Most of these properties are negatively geared some not appropriate fior this discussion.

    Profile photo of KewlDudeKewlDude
    Member
    @kewldude
    Join Date: 2003
    Post Count: 76

    Hi Guys,

    I had a report done by these guys for the last IP I purchased, I was really happy with the results – especially since it was an older property, I was happy with their service and their professionalism.
    All Good!!!

    Cheers
    Kym
    [:D]

Viewing 4 posts - 1 through 4 (of 4 total)

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