Rental Property Depreciation Report
Many rental property owners may be losing literally thousands of dollars in tax depreciation claims because of our complex depreciation rules.
The Tax Office has begun a substantial audit project on rental properties and your clients could be under the spotlight.
One of the problem areas being targeted is incorrect depreciation and building write-off claims.
NTAA has entered into an Australia-wide exclusive agreement with a national firm of quantity surveyors,
BMT Tax Depreciation (BMT), to provide tax depreciation (and building write-off) reports for new and existing residential and other, rental properties (regardless of the age of the property).
How can YOU avoid these problems for your clients?
By ordering a rental property depreciation report for your client's rental property.
The report sets out all tax depreciation and building write-off claims for a new or existing residential rental property. This will ensure all claims for the property are maximised and the audit risk to clients is minimised.
A depreciation report can be ordered by NTAA members at a low fixed fee of only $699 (inc. GST) for each property, on an Australia-wide basis.
How long does it take?
The service standard that has been set for Rental Property Depreciation Reports is three weeks. You will be contacted if there may be a delay (e.g., due to incomplete information etc.) extending the report period beyond three weeks.