Being the end of another financial year, we thought it was timely to discuss one way property investors can maximise their tax benefits through property investing. Our Guest, Mike Mortlock, is Managing Director of MCG Quantity Surveyors and together we highlight what is depreciation, why it needs to be considered and what benefits are available to property investors through depreciation when they complete their annual tax return.
Mike shares some valuable guidance on the types of renovation work that delivers maximum depreciation benefits - especially in Queenslander style properties that are so typical in Brisbane.
We also cover why investors should NOT select their investment solely based on maximising their depreciation benefits, providing real data examples of Brisbane property performance for those dwellings that would have delivered strong depreciation benefits over the last 10 years (compared with the capital growth performance of those properties).
If you want to learn more about depreciation and how it can be used strategically when investing in property to maximise your returns, then this is the episode for you!
Learn more about your hosts, Scott & Melinda Jennison, at www.streamlineproperty.com.au
You can also get in contact with Mike Mortlock or his team at https://www.mcgqs.com.au/
Ep 30 - Brisbane Property Market Update - November 2020
Ep 29 - Adding Value to Brisbane Properties - with Special Guest Fergus Reid
Ep 28 - Preparing your Brisbane Property for the Storm Season Ahead
Ep 27 - "Insider Secrets" for the Brisbane Suburb of Norman Park
Ep 26 - Property Improvements and Granny Flats - What you MUST Know
Ep 25 - Brisbane Property Market Update - October 2020
Ep 24 - Property Insights for Brisbane - with Special Guest Pete Wargent
Ep 23 - How Land Values across Greater Brisbane have Changed
Ep 22 - Finance Strategy - with Special Guest Jessica Peletier
Ep 21 - Brisbane Property Market Update - September 2020
Ep 20 - How Brisbane Became the City that it is Today
Ep 19 - The Knock-Down & Re-Build Strategy
Ep 18 - "Insider Secrets" for the Brisbane Suburb of Wooloowin
Ep 17 - Brisbane Property Market Update - August 2020
Ep 16 - Queensland Residential Contracts - with Special Guest Katie Richards
Ep 15 - Who Is Buying Brisbane Property During The Covid-19 Pandemic?
Ep 14 - Brisbane Rental Market Update - with Special Guest Jonathan Bell
Ep 13 - "Insider Secrets" for the Brisbane suburb of Bardon
Ep 12 - Brisbane Property Market Update - July 2020
Ep 11 - Beware Of The Property Spruiker
Create your
podcast in
minutes
It is Free
The Commercial Edge: Unleash the Power of People
The emPOWERed Half Hour
U.S Property Podcast
Aligned Money Show
Dubai Property Podcast
The Ramsey Show
The Clark Howard Podcast