This one's for the investors! John and Emily get into the nitty gritty of claiming tax deductions on your investment property with Brad Beer from BMT Quantity Surveyors. They touch on:
👉🏾 what's a depreciation schedule and what does a quantity surveyor do?
👉🏻 the factors that go into whether or not you can claim deductions
👉🏾 how do claims work if you are the 2nd or even 3rd owner of the property
👉 how many years you can claim on the structure of a property and even some renovations
👉🏿 claims on items such as aircon units, blinds and carpets
👉🏼 considerations if you're making renovations - you might still be able to claim on the things you're replacing!
👉🏽 some cool info about amending past tax returns to back-claim missed or wrong deductions
👉🏻 the process for getting a depreciation schedule
👉 is it better to buy new or renovate?
🛑 Please read our disclaimer + warnings before listening to this episode
🏡 Quick links to John and Emily’s online courses and $20 off The Glen James Spending Plan
my millennial property is produced by SYMO interactive, home of my millennial money.
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