Did you know it is possible to depreciate your rental property at up to 60% DV (diminishing value), while complying with IRD requirements?
Many property investors and property professionals are often unaware that this level of depreciation can be claimed and most claim at the rate of 4% for the entire building and contents. A specialised chattels and fit- out valuation completed on investment properties not only maximises cash flow for the investor, but also reduces claw back tax when you sell the property.
This article gives you a little more insight as to what is involved with a specialised chattels valuation and shows you how a valuation ensures you get what you are entitled to.
