Webinar: Crucial Depreciation Tips to Help Boost Your Cash Flow
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Transcript of Webinar: Crucial Depreciation Tips to Help Boost Your Cash Flow
Crucial Depreciation Tips to Help Boost Your Cash Flow
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• This Presentation is produced for the purpose of providing information only. The information provided in this Presentation is not extended to constitute financial or investment advice, and it has not taken into account and has no knowledge of your relationship to the particular investment needs, objectives or circumstances (whether financial or otherwise) of a user of the information contained in this Presentation. Appropriate professional advice should be obtained prior to acting on any of the information contained in this Presentation.
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• Concerning the information therein contained, nor is any form of liability accepted for the making of any statement or reproduction of any table or schedule or any other information directly or indirectly concerning any property or associated matter.
• All information contained in this Presentation is believed by the presenter to be true and correct.
• Realestateinvestar does not guarantee the information and any prospective purchaser of a property must rely on their own inquiries and professional advisors
• The Presentation uses data supplied to Realestateinvestar by various third-party suppliers of relevant property information. Neither Realestateinvestar, relevant third-party information sources, or any of their officers, employees or agents gives any warranties nor accepts any liability for any decision with respect to investment or non-investment, sale or purchase of residential (or other) property which is made as a consequence of attending this Presentation.
• Realestateinvestar and third-party information suppliers believe that the statements, information, recommendations, calculations, data and graphs contained in this Presentation are correct and not misleading but give no warranty in relation there to and expressly disclaim any liability for the loss or damage which may arise from any person acting or deciding not to act partly or wholly on the basis of any statements, information, recommendations, calculations, data or graphs.
• This Presentation provides general information only and has not been prepared having regard to your objectives, financial situation or needs
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Logan Horstead
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Poll: Would you like one of our Portfolio Managers to call you about our services?
+ 9 DEPRECIATION TIPS
Washington Brown – QUANTITY SURVEYORS Tyron Hyde CEO AAIQS
The ATO – TR 97/25
Oldest QS FirmsNationwide
We work out the building costs!
Tax Depreciation
What’s the REAL story?
Meet the Brown in Washington Brown
What is Property Depreciation?
Wear & tear
Income producingDifferent countries
Summary – Pay Less Tax
Capital works allowance -DIVISION 43
Structure of the building
Built after Sept 1987
Based on actual cost
Plant & Equipment -DIVISION 40
Loose items
Common property
More = Greater Savings
Top 9 TIPS
Poll: Do you own any investment properties without a depreciation report?
Tip # 1 - Tall Buildings 2 Beds = $25K Yr. 1
Tip # 2 - Renovations Don’t get dirty!
Tip # 3 - Overseas Built after 1990
Tip # 4 - Under $300 rule 100% write-off
Tip # 4 - Low Value Under $1000 = 37.5%
Tip # 5 - Furniture Not for every property
Tip # 6 - Commercial 3 Differences
Tip # 7 - Super Funds 15% Benefit
Tip # 8 - Old Property Yr. 1 = $7k Total $25k
Tip # 8 - Old Property Yr. 1 = $5.5k Total $15k
Tip # 8 - Old Property Yr. 1 = $6k Total $13k
Tip # 9 - Scrapping Kitchen $10k??
Tip # 9 - Scrapping Bathroom $5k??
Poll: Would you like a free borrowing capacity check?
How to turn $1 into a $90,046 deduction
Purchase Price $1 – Costs $90,046
Purchase Price $1 – Costs $90,046
1. Own one outright2. Pay less CGT if you need to sell3. Better comparables
The first & only book!
7000 Copies Sold!
This man is HOT!!
This man is H.O.T!
Testimonials
Every investor NEEDS to read this book! Nila Sweeney, Editor, Your Investment Property
If there is some detail about property depreciation Tyron Hyde does not know I have yet to find it.
Pam Walkley, Editor in Chief, Money Magazine
Poll: Would you like a free depreciation estimation?
Claiming It for years!
Once upon a time….
Put that book down Sir…..
1. Old properties2. Scrapping3. <$300 items4. Commercial5. Guarantee
5 Take-aways
Any Questions??