Phase A Tax Depreciation Estimates
Question: What is a Phase A Tax Depreciation Estimate?
Answer: The Phase A Tax Depreciation Estimate is a document that outlines the potential tax depreciation benefits available from a given residential, commercial, retail or industrial property. The estimates are essential to the diligent vendor/selling agents that want to give their potential clients the best information available.
Question: Who uses a Phase A Tax Depreciation Estimate?
Answer: Developers & Real Estate/Marketing agents primarily use a Phase A Tax Depreciation Estimate to inform potential investors of the available deductions in a particular development.
Question: When should you engage a Quantity Surveyor to prepare a Phase A Tax Depreciation Estimate?
Answer: Phase A Tax Depreciation Estimate can be prepared at any stage of development. Most often they are produced before the release of the units to the public.
Question: Why should you have the Phase A Tax Depreciation Estimate prepared?
Answer: Provides investors with tax depreciation forecasts enabling accurate calculations of the after tax return of a particular property. Also provides the vendors agent with an extra marketing tool for the development.
Question: What type of properties can utilise Phase A Tax Depreciation Estimates?
Answer: Any type of property can utilise this tool. The most common types of properties that use Phase A Tax Depreciation Estimates are residential unit development, commercial/industrial unit complexes, large commercial/industrial/manufacturing facilities, and new housing estates.
Question: What does it cost?
Answer: If the vendor guarantees us, to provide all the tax depreciation schedules for the investors in the development we will provide the Phase A Tax Depreciation Estimate free of charge. If this can't be guaranteed the fee will be quoted on a case-by-case basis.
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