Understanding Property Depreciation And How It Affects Your Investment

Posted on: 9 February 2024

If you own an investment property, it's essential to understand the concept of property depreciation and how it may affect your investment. Property depreciation refers to the reduction in the value of a property over time due to wear and tear, age and other factors. However, property depreciation isn't always a negative thing. It can provide significant benefits for property investors. In this blog post, we'll delve into the details of property depreciation and how it can impact your investment.
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Tax Matters: Top 4 Benefits of Preparing a Tax Depreciation Schedule

Posted on: 9 September 2021

If you own investment properties, you can improve your tax position by preparing tax depreciation and write-off claims annually. In addition to the tax benefits, doing so allows you to take a closer look at all assets and keep up with miscellaneous expenses. Here are other benefits you stand to gain.  Maximises Investment and Returns A tax depreciation schedule is one of the most effective but underused tools when it comes to maximising your returns on investment.
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3 Benefits of Using a Bookkeeping Service

Posted on: 28 February 2019

If your small business is growing in size, you may be struggling to keep up with various bookkeeping tasks such as paying salaries, calculating tax and calculating profit and loss. If this is the case, it may be best to use an external bookkeeping service. A professional bookkeeper will be able to complete all of the bookkeeping tasks required to keep your company operational and financially sound. A bookkeeping service can also offer other benefits.
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A Guide on Construction Debt Recovery

Posted on: 22 February 2019

Most businesses in the construction industry require credit to ensure smooth operations. Tough economic times and changing business patterns may make businesses default on debts. In such cases, you may opt to hire a construction debt recovery service to recover the debt. Below is a short guide to help you when engaging a construction debt collection agency.  Finding a debt collector Most debt collectors will ask for a percentage of the amount recovered.
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