The dreaded tax time is almost upon us!
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This is a timely reminder as we head into the end of the 17/18 tax year! It’s not been an easy year for most people feeling the pinch, here’s a few points where you could actually squeeze a few more dollars from your valuable property investment…
1. One of the single & biggest areas that can make a huge difference is by tax depreciation. If you’re not claiming the right depreciation (which 70%-80% of our clients don’t!), there may be some great savings to be had!
2. Pre-paying your interest
3. Fast-track some capital expenditure such as repairs and maintenance on your property, prior to the end of the financial year
End of Financial Year can sometimes be a confusing time, however if we can talk to your accountant in relation to depreciation reports or simply provide you with an EOFY summary report!
Let us take the guesswork out of this complex tax time by getting in contact with Mark Hay, who is a registered Financial Advisor as well as registered Real Estate Principal. He’s always happy to assist Mark Hay Realty’s clients add more value to your valuable investment.