Posts Tagged ‘common property’
What you need to know about short term leasing your investment property
I’ll admit that I struggled with an appropriate title as the above one is certainly clunky, but I wanted to share some tips on how to rent your investment property out on a short-term basis, similar to an Airbnb type setup. My pet subject is depreciation, so I’m not going to let you get…
Read More181 Fitzroy Street, St Kilda – Super depreciation, and a pool to die for.
The view from St Kilda back to the CBD over Albert park is not often showcased, but it’s a spectacular one. Taking full advantage of this is the new development at 181 Fitzroy Street St Kilda. This retail/residential mixed use building comprises 46 two bedroom and 68 one bedroom apartments over nine levels. As described…
Read MoreTax Depreciation Schedule Inspections – When is an inspection required?
In most instances a Quantity Surveyor will conduct a property inspection when preparing a tax depreciation schedule. Sometimes this is not required, for example – if a property has been built by the owner or the Quantity Surveyor has previously inspected a unit within the same complex. A good Quantity Surveyor knows when an inspection…
Read MoreTax Depreciation and Units – It’s all about common property
As Quantity Surveyors, we’re often telling investors that there are more depreciation deductions available within a unit, than a house of similar age and finish. Of course depreciation is just one part of property investment, and shouldn’t be the driving reason to choose one investment over another, but I wanted to look at why a…
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