The five apartments featured on The Block 2018 (season fourteen) have exceeded sales expectations and set a new record price for the suburb of St Kilda...
While depreciation deductions provide a valuable opportunity for property investors to maximise their cash flow, this could be reduced if you fail to lodge your tax return on time and don’t seek expert advice...
While it may not have been the reason behind their design and styling choices, The Block 2018 contestants recently discovered that their apartments hold millions of dollars of hidden value for savvy investors in the form of depreciation...
There are two depreciation methods to calculate depreciation on plant and equipment in an investment property –the diminishing value method and the prime cost method...
On 15 November 2017, Parliament passed the Treasury Laws Amendment (Housing Tax Integrity) Bill 2017, which brought about some major changes to ‘plant and equipment’ depreciation claims...
It’s that time of year when most of you will be coming together with your family and close friends to celebrate the year that has gone by and think about the accomplishments you have achieved...
This month, the government released draft legislation regarding the proposed changes to plant and equipment depreciation as announced in the May federal budget...