Real Estate Depreciation

Our Services

If you own a residential property, you may be able to claim more on your tax return thanks to tax depreciation. 

At Real Estate Depreciation we are committed to providing high quality, precise tax depreciation reports to residential property investors keen to recover the maximum benefit from their property.

To get started simply decide which level you want us to execute for you and click the Start Now button. You’ll be taken to the online questionnaire and asked to answer a series of questions specific to your property. If you select our Gold Service package, which includes an onsite inspection, we’ll confirm a suitable time to visit your property.

Each questionnaire will take around 15 – 30 minutes to complete. If you register your details you can also save your questionnaire and return to complete it at a later time if required. You won’t be charged anything until the end of the questionnaire. Simply pay with our secure online payment system then submit your information. Easy. 


Silver Service Report

$460.00 inc gst 

For a Silver Service Report, our clients complete a simple online form that allows the team to effectively analyse the relevant information relating to their property.  The Real Estate Depreciation team then utilises the relevant and latest Tax Legislation to determine the best return for the client through the breakdown of building and capital costs. The effective life of the property is based on relevant tax rulings.  Once the team has prepared the 40-year schedule it will be reviewed as part of a Quality Assurance process and the report is issued to the client generally within 7 working days. 


Gold Service Report

$580 inc gst

For a Gold Service Report, our team completes a rigorous site inspection** of your property which allows us to thoroughly analyse the relevant information relating to your asset.  We then utilise the relevant and latest Tax Legislation to determine the best return for you through the breakdown of building and capital costs. The effective life of the property is based on relevant tax rulings.  Once our team has prepared the 40-year schedule it will be reviewed as part of a Quality Assurance process and your report is issued to you generally within 7 working days.

** currently servicing Brisbane, Gold Coast, Sunshine Coast, Sydney, Canberra, Melbourne & Perth

Do you want to include furniture?

We can include furniture as part of the depreciation schedule, simply select the “Furniture” box when you begin the questionnaire. Including furniture will cost an additional $77 (inc GST) and is available on both service packages. 

Paying for the service

Once you’ve completed the questionnaire you’ll be prompted to pay using our secure online payment system. We accept most major credit & debit cards. If you’ve selected the Gold Service we’ll get in touch to organise the most convenient time to send one of our assessment team out to meet with you and inspect your property. Our reports are completed in-house and are usually completed within 7 business days.

Our professional reports include:

  • Detailed Report
  • Both Prime Cost and Diminishing Value Schedules
  • Photos of the property (supplied by you, or taken with onsite level)
  • Break Down of Plant in relevant sections
  • 40 Year Schedule
  • Signed off by a Registered Tax Agent

Industry Bodies

Tax Practitioner Board

www.tpb.gov.au

Australian Institute of Quantity Surveyors

www.aiqs.com.au

Royal Institution of Chartered Surveyors

www.rics.org/oceania

Property Council of Australia

www.propertycouncil.com.au

Contact Details

Address

Level 3, 240 Queen Street Brisbane QLD 4000

Telephone

Call - +61 7 3051 0279