Author(s): Tyron Hyde

Property

Depreciation is a tax deduction available to property investors. An investment property earns an income, so, as with any activity that produces an income, there are various tax deductions available. Normally these tax deductions are things you've spent money on, such as property management fees, council rates and other miscellaneous items. You pay an amount of money, you receive a tax invoice and receipt, and you use that piece of paper to claim a tax deduction when tax time comes around. Sounds easy? Then why do so many property investors forget to CLAIM IT? At last there is a book for property investors on this area of taxation and how it can increase their investment returns. Written in plain English, readers will discover: * What is depreciation? * How to prepare a depreciation report * What building allowances and plant and equipment deductions they can claim * How it affects residential property investments * How to affects renovations to your property * Commercial and industrial property depreciation * Depreciation for property developers And much, much more About the Author Tyron Hyde is a recognised expert in this field.
Based in Sydney, he is a Director of Washington Brown where he started as an intern in 1993. With his trademark, energetic "can-do" attitude, he has helped build Washington Brown to one of the most highly regarded firm of quantity surveyors. His passion and knowledge for the industry sees that he is regularly requested for his expert opinion for publication by the media. This is Tyron's first book.