Tax Time

At tax time, wear and tear or, more specifically, depreciation is a property investor’s best friend.

As a property gets older and items within it wear out, their value depreciates. The Australian Tax Office (ATO) governs legislation that allows owners of an income-producing property to claim a tax deduction for this wear and tear. Capital works deductions can be claimed on the building’s structure and items considered permanently fixed to the property, while depreciation can be claimed on the plant and equipment assets contained within it.


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Stepping up and out on your own?

AT SILVER SERVICE REAL ESTATE, WE ARE DRIVEN BY A PASSION TO PUT THE PERSONAL BACK INTO PROPERTY SERVICE. WE CREATE JOINT VENTURES AND FUTURE BUSINESS COLLABORATIONS TO ENSURE EVERY PROPERTY AGENT CAN ELEVATE THEIR EXCELLENCE TO THE NEXT LEVEL OF GREATNESS.


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