Just Depreciation goes the extra mile to help our clients whenever we can. We have decided to answer some of our frequently asked questions to help give you some advice and get a better understanding of our services to save you time and money. If for any reason there are still questions you would like to ask us about our property depreciation services then don’t hesitate to call our friendly team.
We’re happy to help!
Yes. All properties, regardless of age, have some form of depreciation. The fixtures and fittings in the property must be valued at the date that you first make the property available for rental. Just Depreciation recommend reports for all residential properties no matter how old the building may be.
No. We will start your report from the first date of rental and your accountant can apply to the Taxation Office to get previous returns adjusted. It’s never too late to claim any property depreciation.
You only need to do this once. Our reports last for the duration the property remains a rental. We can amend the report with any renovations you do at any time.
Yes, of course. We guarantee that if you do not receive a deduction that is equal to our fee, then the report will be free. We believe this is the fairest and best possible outcome for our clients.
We make the appointments with your rental manager and liaise with tenants for a mutually convenient appointment to inspect your property
We measure the property, take photos, take note of all depreciable items and any capital building write-off deductions that may apply and then return to the office to calculate and process the report.