MCG QUANTITY SURVEYORS BLOG
The questions we’re asked on a daily basis
Navigating the world of property depreciation can be a daunting task for property investors. Our aim is to simplify the process, eliminate the B.S. and arm investors with the knowledge they need to
Read More »Derive Maximum Benefit from Property Tax Depreciation
A large number of wage earners invest in property for rental income and for capital appreciation. A smart investor can save on the property tax substantially by claiming tax deductions on the decline
Read More »“It’s not worthwhile having a depreciation schedule” – How costly unqualified advice can be
Recently we were following up on a quote in Newcastle, NSW for a house that had been split into three small units. The owner came back to us with the following: “Thank you
Read More »Negative Gearing and the Mum and Dad Investors
Much has been posited about the typical Australian property investor, especially their salary. According to the ATO, 67% of investors claiming rental interest deductions take home under $80,000 per year. At least as
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