Search results

Yeah i mean you know your income is going to be way less in the next few years due to going on a big holiday, having kids etc not just you think you may get a few % pay increase next year :) something that changes your tax bracket at least once if not twice or more.

I disagree. I believe most of the time DV is better but some cases its not the best. Primarily if you know your income will lower in the next few years than in the years after that for whatever reason. To DV in that case would be burning up your depreciation for less return aka tax saving (or...

I agree in most cases all DV is the better option. In my opinion their are some cases though when a mix of PC and DV or even all PC may be better for example if you income will be low for the next few years and much higher after. Seek your own advice on this. It is good to be sure it is...

Thanks for your comments Anyone else got a view on my original question? Is it fine to have some Prime Cost and other Diminishing Value depreciating assets on the same property?

Hello Paul, I lay no claim to being an expert but I do have a reasonable level of knowledge and experience in this area. I also know enough to ask questions on this forum :) If you note I asked two questions as I couldn’t find a definitive answer and this forum has people with a huge amount...

Hello Paul, This is a new building that I have built and the builder provided a breakdown of prices for various items they 'included' in the build. I know what the actual costs are of the various items so my understanding is a QS or anyone else can’t change what these figures are. There is no...

Hello, Thanks for all your input. I think being able to have as much choice as possible and to be able to push depreciation between years a bit would be good for some people. For most the getting it ASAP is a good idea but some may have low income for the next year or 2 (eg having a baby or...

I have a few questions about tax on residential investment properties I was hoping the experts here may be able to shed some light on. I have researched these quite a bit but I haven?t come to answers I?m 100% with: - Is it fine to have some Prime Cost and other Diminishing Value...