If you already own Australian Property, you MUST read this.

DEPRCIATION IS ONE OF THE SINGLE LARGEST ALLOWANCES AVAILABLE AS A TAX DEDUCTION FOR INVESTORS IN AUSTRALIAN PROPERTY.
BUT, HOW DO YOU CLAIM IT?  

There are two main allowances: a capital or building allowance and the
more general depreciation allowances.

Sounds like a nightmare. Do I really want to know?

 You MUST get these tax breaks to maximise your investment returns. Depreciation allowances  allow you to write off ALL of the construction cost of your
property, as well as all the fittings, to enable you to greatly reduce
your tax on sale, as well as tax on rental,or on personal income after arriveing in Australia. 

How does it work?  

There are two main allowances: a capital or building allowance and the
more general depreciation allowances. The capital allowance, according
to the Australian Taxpayers' Association, is based on the original cost
of construction.

Residential income-producing buildings constructed between July 18,
1985, and September 15, 1987, are allowed a 4 per cent capital allowance
for 25 years. If the residential building was constructed after
September 15, 1987, the allowance is 2.5 per cent a year for 40 years.
(If the construction contract was entered into before September 15,
1987, the property attracts the higher rate.)

What that means is owners of those rental properties get an automatic
tax deduction each year. So if your unit cost $300,000 to construct,
each year you can claim a capital allowance of $7,500.

How do I know what the construction cost was?

If you're buying a new property, house or apartment FOR RENTAL, you
should organise a quantity surveyor's report detailing the costs and
depreciation allowances. If you're buying a unit "second-hand" you may
also be able to get those documents from the vendor. However, where the
documents are not available, the Tax Office allows you to consult a
suitably qualified person to do an estimate of the costs and allowances.
This is usually a quantity surveyor.
 
Now, the easiest and most affordable way:

To enable all our clients to organise this in the simplest and most
affordable,way, we have arranged an exclusive arrangement with A QUANTITY SURVEYOR .

TO PROVIDE THIS TO OUR CLIENTS. SIMPLY COMPLETE THE FORM, AND
WE SHALL EMAIL YOU ALL THE INFORMATION YOU
NEED. NO NEED TO MEET ANYONE. YOU CAN DO IT ALL ONLINE!