Tax and Depreciation

Welcome to Tax and Depreciation. Share how you handle the tax side of investing and what you learnt the hard way. Good posts here: depreciation schedules, repairs and improvements, land tax, record...

Hannah B. · 3 Sep

A friend says he claims his trips to check on his rental. I thought that stopped years ago?

Tom W. · 1 Oct · 4 replies · Last reply 2 Oct

This is my tax time setup. A folder per property, and I scan everything the day it arrives. What do you use?

Olivia N. · 26 Sep · 3 replies · Last reply 27 Sep

Storm damage took out half the fence and we replaced all of it. Is that a repair I can claim this year, or a capital improvement?

James O. · 21 Sep · 6 replies · Last reply 22 Sep

My first land tax bill in New South Wales landed this year and it was bigger than I planned for. Revenue NSW explains how it works: revenue.nsw.gov.au How do you budget for it across states?

Marco D. · 17 Sep · 5 replies · Last reply 19 Sep · revenue.nsw.gov.au

Bought a 1995 brick unit. A quantity surveyor quoted about 650 dollars for a schedule. Is there enough left to claim on a building that age?

Chloe R. · 9 Sep · 5 replies · Last reply 10 Sep