Depreciation & Deductions

Like any good analytical thinker, I love to hypothesise. Some think it’s a character flaw, whereas I – and those of my quantity surveying ilk – enjoy nothing more than ingesting data, extrapolating the assumptions and producing a conclusion. I was thinking about the recent federal election and the discussions put forward pre-poll day about…

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Investor Behaviour

Since we started preparing depreciation reports for property investors back in 2011, I wanted to collect data that I thought would illuminate the property industry as to the types of acquisitions the average property investors was making. Through the course of doing what we do, we also have to ask some fairly unusual questions that…

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Split Report

Apologies for the click bait article title, but I was at a loss as to what to call it. Let me start by saying that split depreciation schedules are fantastic. I’ve written about them before: https://www.mcgqs.com.au/blog/split-depreciation-reports-are-saving-investment-property-co-owners-thousands/) and we’ve done thousands of them. They’re a fantastic way for multiple tenants in common to see their exact…

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Quantity Surveyor

Listen. I’m a Quantity Surveyor (QS) who specialises in tax deprecation so, frankly, I’ve heard them all: Q. How can you tell if a QS is extroverted? A. In conversation, he looks at your shoes instead of his own. Q. How does a QS make a bold fashion statement? A. He wears dark grey socks…

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Repairs & Maintenance

Owning an investment property will invariably result in having to spend some money on it. The good news is that the tax man (perhaps we need a gender-neutral term but technically the tax commissioner is a man) will let you claim that expenditure as a deduction. However, not all deductions are equal. Spending money on…

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Property Market

The January CoreLogic figures have shown that capital city dwelling values have posted their first quarterly fall since April 2016. The peak of the market was called as far back as 2016, but now we’re seeing the evidence some two years later. On a positive note, the combined regionals edged slightly higher over the Dec-17…

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