News & Offers
Maximising Your Depreciation
11 August 2009
An Australian survey recently estimated that only one in five Australian residential property investors are making use of the tax depreciation entitlements available to them. These depreciation benefits can significantly boost cash flow. This may be especially beneficial to investors who are feeling the pinch after interest rate rises have resulted in higher mortgage repayments.
NZINVEST’s Senior Tax Accountant believes the same is true for New Zealand investors. Investors who do not use accountants specialising in property investment may miss out on benefits available to them as a result of incorrectly structured ownership or not claiming their full depreciation allowances.
NZINVEST specialises in tax accounting for property investment. If you are a residential property investor and your investment was not set up or managed by NZINVEST we are currently offering a free 20 minute consultation. To make an appointment, please call 0800 NZINVEST or email enquiries@nzinvest.co.nz and mention reference .
