Understand Your Tax Depreciation Schedule

Does one method of depreciation give you a bigger tax return? There are two methods of depreciation that investors need to understand, so that they can choose the option that aligns with their tax strategy. The prime-cost method of depreciation is steady, consistent, and predictable. It gives investors the same return on an asset every year. The diminishing value method of depreciation is the more popular choice. It gives investors bigger tax deductions in the first few years of depreciation, and then reduces over time. This method is good for an instant cash flow boost. Duo Tax Quantity Surveyors are Australia's most reviewed and highly-rated Quantity Surveyors. Thousands of Australian Investors have trusted Duo Tax in helping maximise their tax savings on investment properties, improving their personal finances. We help Australian investors with claiming their property depreciation on tax, property valuations on their current or potential properties, estimate construction costs for property developments, and improve their tax with our specialised Duo Tax Improvement Report. Our mission is to help provide the most affordable, convenient, and aggressive tax depreciation schedule service so that you can maximise the return on your property investment. ----- CHAPTERS 00:00 - Intro 00:40 - Depreciation explained 01:41 - Prime-cost method 02:04 - Diminishing value method 03:14 - Which method is better? 04:06 - Common mistakes 05:41 - Outro ----- 💡 Need a certified property valuation? Get a free quote: https://duotax.com.au/property-valuat... 🌐 Learn more about property valuation methods: https://duotax.com.au/insights/ ----- 📱 Follow us for more property insights: Website: https://duotax.com.au/ Facebook: / duotax LinkedIn: / duo-tax-quantity-surveyors Instagram: / duotaxqs