Is A Quantity Surveyor Depreciation Report Tax Deductible?

Yes!

The answer is yes it is tax deductible.
As you are having a professional quantity surveyor calculate the asset or liability value of items associated with your investment property, this is something you can list as a cost in your end of year tax return.

This makes the cost of the depreciation report well worth it as it can sometimes be fully paid off in the first tax year via your tax saving because of the deductions you are claiming. Every year after that then becomes a potential increase in your cash flow through more tax deductibles.

Its essential to have all your deductibles listed so you are maximising the advantages if you have a negative geared property. There are tax benefits of negative gearing so you may as well use them

One Golden Tip To Refinance Your Mortgage

If your are thinking of or in the process of refinancing your mortgage, there is one thing really important that could help you out.

You have a good opportunity to combine any other debt or personal loans you may have into the same home or investment loan.
This could simplify your payments, reduce you outgoings with an overall lower interest rate and pay off personal loans improving your credit rating. 

If you have the equity and the cash flow(which is just the same as paying your other debt) combining your other loans into the same home loan is a fairly simple process during a home loan refinance. Home loans are have traditionally much lower interest rates than a personal loan so saving are very easy to calculate.

Contact your local mortgage specialist to find out more

Do You Need To Look At A Refinance?

If you ever think that your mortgage or home loan is not right for you -
Go out and check!

How do you do this you may ask?
Well you can always go to your bank manager or current mortgage broker and ask the question.
Explain that you wish to have a mortgage check and see if your still healthy and getting the best loan for your situation.

Its always worth checking as the products are forever changing while interest rates increase and decrease, the economy speeds up
and slows down and the competition introduces new mortgage products.

Just ask the question - You might be pleasantly surprised you could save money or free up more cash or equity.

Gold Coast Buyers Market sale On Now

Housing and property sales has slowed, and it been slowing for years.
If you were pondering buying there is choice aplenty with a steady rise in listings(apparently) and a certain decline in sales.
Auction clearance rates are dropping, listing times are increasing and the sentiment is decreasing.
If you have your funding organised, its a ripe time with a lot of properties to choose from with sellers becoming more frustrated with the lack of buyers apparent.

One thing that still remains very Important- Research

Do plenty of research and ensure you do not pay too much for something where there is plenty of other units or studio apartments to compare to. Mortgage brokers are having the opportunity to spend more time with each client due to this slow down and give an even better home loan service.

Either jump in or get some advice and take a look around......