Top 5 reasons to use an SJB tax depreciation report
Written on the 24 June 2018 by GillianIt still stuns us just how many property investors still don't know about tax depreciation. An SJB tax depreciation report can save you thousands of dollars in tax deductions. Who doesn't want to get as much tax back from the tax man as possible? Here are our top 5 reasons you should use an SJB tax depreciation report for your investment property.
1. We take the confusion and jargon out of tax depreciation
When I first started working in tax depreciation it took me at least 3-5 conversations to begin to understand just what tax depreciation actually was. Am I just dumb? No. I just had so many questions.
"what is depreciation"
"what gets depreciated"
"why does the age of the building matter"
"if the property is old, why does it still get depreciation"
"why did that property get so much more depreciation than the other one when it is bigger, older, not renovated, etc etc"
"why doesn't it matter if I get a 20 year or 40-year report? And why do others offer this then?"
.the questions were many and the answers were confusing.
So once I finally wrapped my head around all of this jargon, I made it my mission to break it all down for everyone else. To take the confusion away and replace it with understanding. You won't get that with everyone it is something we just do well really well
2. SJB uses a Qualified Quantity Surveyor for both your inspection & report