Depreciation is a tax deduction available to property investors that, if claimed, can add thousands of dollars to the returns from their investments. In the May 2017 Budget, the government introduced legislative changes to areas of taxation that affect property investors – the main one being depreciation. In this book, one of Australia's most respected quantity surveyors Tyron Hyde covers all the changes property investors need to know and understand in this guide to property depreciation. Do the changes mean investors will stop choosing property? Will current investment property owners now sell off their investments because they can no longer claim deprecation in quite the same way? The answer to both these questions is ‘no’, they will (and they should) Keep Claiming It!
