rmit
29-03-2005, 04:16 PM
Hi all
I am a newbie here. as title, i have a question about property tax payment and hope you guys can help us.
Ok, i have heard that from the mid of last year (2004), the Government stop investors (non-first time property buyers) from reducing their tax payment through their house equipment depreciation. That means, no investor could ever claim back their tax from depreciation. i have done a bit of a research, but i couldn't find much information about it. :confused:
I appologise if i talk nonsense here, but i am really new to this area and hope you guys could give me some further idea about this new tax policy. any information will be really appreciated~!
Thank you very much~!! :)
Cheers
Ian
I am a newbie here. as title, i have a question about property tax payment and hope you guys can help us.
Ok, i have heard that from the mid of last year (2004), the Government stop investors (non-first time property buyers) from reducing their tax payment through their house equipment depreciation. That means, no investor could ever claim back their tax from depreciation. i have done a bit of a research, but i couldn't find much information about it. :confused:
I appologise if i talk nonsense here, but i am really new to this area and hope you guys could give me some further idea about this new tax policy. any information will be really appreciated~!
Thank you very much~!! :)
Cheers
Ian