A 70m2 unit in a residential tower, built 2006, 9km from Perth CBD.
Our client purchased this property in 2013 and furnished it as a rental investment property.
Where we helped
Uncertain about the advice he was being given from Tax Depreciation companies on the East Coast of Australia, he rang Asset Reports and booked a physical inspection by one of our dedicated property inspectors.
The apartment and furniture package were obvious deductions to our client, although he was pleasantly surprised by the higher depreciation rates on the laundry appliances, kitchen appliances, and cutlery and crockery.
The real kicker
What our client didn’t realise, was the significant deductions he was entitled to for the entire building’s common area facilities and equipment.
By Asset Reports conducting a physical inspection, we brought to account our client’s entitlement to the building’s: