Investment Property Depreciation: How to Maximise Your Tax Deductions

11 January 2023
Categories: Finance & Money, Blog

If you are a property investor, you must know the benefits of tax deductions on depreciation. In general, buildings will age and experience wear and damage over time. This deterioration is a decline in worth, even when the potential sales price increases. You can claim a tax deduction on the lost value for commercial and residential real estate. However, you must ensure the depreciation is conducted correctly to avoid audit complications and maximise the value of the final deduction. Read More

Understanding Your Money

About Me

Hey! My brother used to always say that to understand money was to understand life. I didn't believe him at the time. However, when I left home and had to manage my own bank account, I soon realised that I really didn't understand money at all. I soon became overdrawn and some of my other investments were no doing very well. My brother put me in touch with a financial advisor who really helped me to understand money and to get a grip on my finances. I decided to start this blog to offer advice and help to other people.