by C&N Accountants | Oct 31, 2022 | Depreciation, Small Business
For every asset your small business depreciates, you need a depreciation schedule. As a business owner, your accountant will tell you to keep a record of every purchase, but one of the most important records you must keep, is a depreciation schedule when making a...
by C&N Accountants | Oct 6, 2022 | Depreciation, Property Investment, Property Investment Tips
Think about most tax deductions. We wait for the financial year to end, submit our tax return, and wait patiently for our refund. While this is fine for most people, it can create serious cash flow problems for property investors – as their pending tax breaks are...
by C&N Accountants | Mar 18, 2021 | Depreciation, Property Investment
Depreciation terms every residential investor needs to know Residential investors don’t need to be depreciation experts but understanding some of the key concepts surrounding this complex topic can help your ongoing investment strategy. Capital works deduction This is...
by C&N Accountants | Nov 20, 2020 | Commercial Property, Depreciation, Property Investment, renovation tips, Residential Property
Are you thinking about building a new investment property? With the numbers proving that new properties hold the most depreciation deductions, building new is a popular choice. Understanding construction costs can provide a ballpark figure of what to expect when...
by C&N Accountants | Nov 20, 2020 | Commercial Property, Depreciation, Property Investment, renovation tips, Residential Property, Tax & Accounting
This renovation tip can save you thousands Renovating an investment property is different to renovating your own home. Whether the renovation is big or small, you will be taking a head over heart approach and doing what will help you improve your return on investment....
by C&N Accountants | Jul 10, 2020 | Depreciation, Property Investment
Did you know that property depreciation is the second biggest tax deduction for investors, after interest? Despite this fact, 80 per cent of property investors are failing to take advantage of property depreciation and are therefore missing out on thousands of dollars...
