Access Your Property’s Hidden Cash Flow with Tax Depreciation
In the world of property investment, there’s a powerful strategy often overlooked: tax depreciation. While the wealthy enjoy tax havens like Monaco, the average Australian property investor has a valuable tool at their disposal that doesn’t require moving abroad or hiring a team of accountants.
The Power of Tax Depreciation
Tax depreciation is more than just another deduction; it’s a way to reduce your taxable income and increase your property’s cash flow. Surprisingly, many investors don’t take full advantage of this strategy, even though it’s available to every property owner in Australia.
Why You Can’t Afford to Ignore It
The Australian Taxation Office (ATO) might not advertise it, but tax depreciation is a completely legal way to enhance your property investment returns. It’s crucial for ensuring you don’t pay more tax than necessary.
Learning from the Best
Industry leaders like Harry Triguboff of Meriton understand the value of negative gearing and depreciation. These strategies have proven effective over time and remain key for savvy investors.
“I build a property. I already made a profit. I don’t pay tax because I keep it, then lease it. And then I don’t pay all the tax on the red because it’s depreciation. So I pay very little tax.”
Harry Triguboff on Tax Depreciation
The Elite’s Secret
Wealthy individuals and major corporations know this well: TAX DEPRECIATION IS ESSENTIAL. They claim every deduction possible, optimizing their investments fully. So why shouldn’t you? It’s time to ensure you’re not paying more tax than necessary.
The ATO’s Watchful Eyes
With the ATO closely monitoring property investors, having a solid tax depreciation schedule from a reputable firm is vital. This document provides concrete evidence of your claims, serving as your best defence in an audit.
Take Action Now
Don’t wait for the ATO to audit you or for tax laws to change. Maximise your investment’s potential by visiting TaxSheild’s Property Deductions Checklist to ensure your claims are accurate and safe.
Act now to protect your investment from unnecessary tax payments and align your strategy with the wealthiest investors. Tax depreciation isn’t just for the elite; it’s for every investor looking to maximise their property returns.