For properties with high deprecation potential, wouldn't it be worth getting 2-3?

Considering they only cost like $300-500-ish, if you had a property that you expected to get a lot of deprecation from, wouldn't it make sense to always get like 2 or 3 of them and just pick the best one? I've just seen them vary so much between companies, and even individuals within a company that do them (when comparing deprecation reports from very similar properties), it seems like it would make your money back almost instantly. What are your thoughts on this?
 
Considering they only cost like $300-500-ish, if you had a property that you expected to get a lot of deprecation from, wouldn't it make sense to always get like 2 or 3 of them and just pick the best one? I've just seen them vary so much between companies, and even individuals within a company that do them (when comparing deprecation reports from very similar properties), it seems like it would make your money back almost instantly. What are your thoughts on this?
Wouldn't you rather spend your mental energy on things that will make you money? Seems like small minded thinking to me. Get one done give it to your accountant and move on.
 
Yup you're right. I just read someone suggesting this in another thread and wondered if there was any merit to it but you're right.
 
Considering they only cost like $300-500-ish, if you had a property that you expected to get a lot of deprecation from, wouldn't it make sense to always get like 2 or 3 of them and just pick the best one?
Some people do actually do this but I doubt they'd do it for every property, but instead are just testing the water once to assess the results and see what their preference is. However, dare I suggest that if your price range is $300-$500 then you won't come close to finding "the best one"?
 
Hi,

A good Tax Depreciation provider will maximize your entitlements whilst meeting ATO rules.

Happy to help
 
Yes. However the differences wont be materially different. Even if one had assets $10K higher may just add deduction of $250 a year. And ultimately increase the CGT payable so that 50% of the difference is a minor benefit.
 
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