Investment Property Depreciation: How to Maximise Your Tax Deductions

11 January 2023
 Categories: Finance & Money, Blog

If you are a property investor, you must know the benefits of tax deductions on depreciation. In general, buildings will age and experience wear and damage over time. This deterioration is a decline in worth, even when the potential sales price increases. You can claim a tax deduction on the lost value for commercial and residential real estate. However, you must ensure the depreciation is conducted correctly to avoid audit complications and maximise the value of the final deduction. Read More