Posts Tagged ‘commercial property’
Phase A Depreciation Estimates – For the savvy investor and shrewd agent
Proactive property developers and sales agents are using Phase A Depreciation Estimates, or ‘Phase A’s’, to help market developments to investors. What is a Phase A? A Phase A Depreciation Estimate is a report which shows the potential depreciation deductions available to a property investor, based on a specific property or development. Phase A’s are…
Read MoreNew effective life legislation from the ATO – TR 2012/2 in effect from 1 July 2012
On the 27th of June 2012, the ATO withdrew the taxation ruling TR 2011/2. This outlined the effective life of all qualifying plant and equipment depreciating assets. The new and excitingly named TR 2012/2 ruling is in effect from the 1st of July 2012 and includes some changes to existing depreciating assets and the addition of some new…
Read MoreAccommodation & Food Services – Asset Lists & Tax Depreciation Deductions
When it comes to plant and equipment assets, few industries have more individual asset types than accommodation and food services. In a residential property, these include bathroom accessories, blinds, carpets, cook-tops, hot water systems, ovens and more. However, in general you’re unlikely to find much more than around 20 plant and equipment assets in any…
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