It’s tax return time and property investors need to be ready.
Given the economic uncertainty, it’s never been more important for investors to maximise their deductions to reduce tax.
At the same time, investment in new homes is soaring on the back of government stimulus. Enhancing the bottom line through depreciation is a key attraction of investing in new property.
This makes it crucial for investors to be aware of “The New Depreciation Reality”.
One of the nation’s foremost experts, Peter Foldes of Washington Brown Depreciation, today presented all the details in a special webinar event hosted by Hotspotting founder Terry Ryder.
In this webinar, Peter Foldes answered a series of key questions:
· What is Depreciation?
· How does claiming depreciation benefit a property investor?
· How have the COVID-19 Restrictions affected Depreciation?
· What is the New Depreciation Reality?