Are you a property investor? Whether it's a commercial or residential property, calculating the correct tax deduction is crucial to maximising your after-tax returns on the property investments. Most investment properties are depreciable, which means you can benefit from the related tax depreciation deductions that reduce your taxable income. Besides improving your returns on investment on your property, property depreciation can also help improve your cash flow. When thinking of tax depreciation and deductions on your property investments, it's imperative to understand tax depreciation schedules.
11 May 2021