Revolve Commercial Property Podcast: How to Save Thousands of $$$Dollars🤑😀 with a Tax Depreciation Schedule

Commercial Property Show Australia

In this month's episode of the Revolve Commercial Podcast Mish and Andrew sit down with Mike Mortlock from MCG Quantity Surveyors to discuss how a tax depreciation schedule can save you thousands of dollars at tax time.

Mike explains exactly what a tax depreciation schedule is and the money you could be leaving on the table if you don't get one done within the first two years of owning the property.

Topics also covered:

• How inflation affects your tax depreciation schedule
• The change in Tax legislations in 2017
• Straight Line Depreciation Method AKA prime cost method
• Diminishing Value Method
• What types of commercial property have higher tax depreciation deductions
• Some of the key mistakes people make when buying a new property from a developer
• How to choose which depreciation method is best for your current situation
• How much a tax depreciation schedule actually costs

Mike Mortlock Fundraiser Page - The Magic Ride 2022

https://feel-the-magic-2021-magic-ride.raisely.com/mike-mortlock

SHOW CREATED BY THE COMMERCIAL PROPERTY SHOW NETWORK

HOSTED BY: Andrew Bean

Ph: 0410 694 633

Email: [e-mail]

LinkedIn: http://linkedin.com/in/andrew28

Instagram: @andrewbean28

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