Depreciator

81% of Australian property investors are not claiming their full tax deductions*? Could you be one?
Source: Depreciator

If you have an investment property, it can be depreciated. Think of it as ‘wear and tear’. Houses, units and commercial properties all qualify. Even older properties can be depreciated.

By using Depreciator, a member of the AIQS and recognised by the ATO as being appropriately qualified to prepare tax depreciation schedules, investors like you are claiming thousands of legitimate tax dollars back on their investments.

You can even backdate your schedule so you can claim up to 4 years of ‘lost’ depreciation – with interest paid by the ATO!

All you need to do is order a depreciation schedule and Depreciator does the rest!

What are the benefits of using Depreciator?
Depreciator specialises in depreciation schedules. This ensures that you receive the maximum tax-deductible depreciation you are entitled to.
By decreasing the tax payable on your investment property, you can increase the cash flow of your investment and save money.
Depreciator provides a comprehensive report that sets out your depreciation entitlements on a yearly basis for 20 years – saving you money for the next 20 years!
The fee is 100% tax-deductible.
The depreciation schedules are suitable for all types of property investors – companies, partnerships, trusts, individuals and couples.
Hassle-free – all you need to do is fill in the online application form and Depreciator will take care of the rest.
Guaranteed – if you do not get more depreciation than the fee in your first full year, your schedule is free.
It is transferable to future buyers on your property sale.
Depreciation values are based on a variety of calculation methods for depreciation – so your Count Adviser can select the most tax-effective strategy for you!

Who is Depreciator?
Depreciator is a quantity surveying company whose complete focus is depreciation schedules for individual investors. Their specialist skills ensure that you receive the maximum depreciation allowable on your investment properties.

How do I order a depreciation schedule?
The process to order a depreciation schedule is hassle free and easy:

Enter your details and credit card information into the secure online application form. If you have any queries or do not wish to enter your credit card details*, a comment can be entered into the form and a Depreciator representative will call you instead.
*Once the credit card details are entered, you will be emailed a tax invoice for the 50% deposit amount that is taken at the point of booking.
If you entered your credit card details, you will receive a confirmation page, confirming your payment and submission details.
A Depreciator Representative will then call you to get specific property details and arrange access to your property.

How long does it take to receive a depreciation schedule?
It usually takes 2 weeks to complete your report. However, if there are tenants residing at your investment property, it may depend on their availability.

There may also be an extended turnaround time if Depreciator needs to travel to a remote area.

How much does it cost?
A comprehensive depreciation schedule, which provides you with up-to-date depreciation information for the next 20 years, costs $715 (GST inclusive). This amount is 100% tax deductible.

Plus, if you do not receive more depreciation in your first full year than Depreciator’s fee, your schedule is free!

Note: The only time this varies is if there are multiple residences (like a duplex or granny flat) or if Depreciator needs to send a quantity surveyor to a remote area.

How much money can I save?
How much depreciation you can claim will depend on your investment property and a variety of tax rules.

However, below are some samples of actual depreciation schedule summaries:


New 2 bedroom townhouse – reasonable quality

Total claimed over 5 years: $41,829.61
Year 1 Year 2 Year 3 Year 4 Year 5
$9,447 $9,392 $8,315 $7,588 $7,087

New 2 bedroom CBD unit – furnished (a very up-market property)

Total claimed after 5 years: $79,382.97
Year 1 Year 2 Year 3 Year 4 Year 5
$21,005 $17,944 $15,192 $13,292 $11,950

Unit built pre-1985 with a $38,000 renovation done post-1992

Total claimed over 5 years: $11,473.15
Year 1 Year 2 Year 3 Year 4 Year 5
$2,979 $2,937 $2,236 $1,798 $1,524

What does a schedule from Depreciator include?
A comprehensive report that sets out your depreciation entitlements on a yearly basis for the next 20 years.

A summary page with depreciation amounts.

Definitions of all terms.

The fee is 100% tax-deductible.

Depreciation values based on all calculation methods for depreciation, helping your Count Adviser select the most tax-effective strategy for you!

Do I need to provide any information?
No. Depreciator specialises in depreciation and is able to accurately estimate the cost of ‘capital works’ as well as all depreciable assets. This means no receipts, plans, photos or sketches and most importantly, no hassle for you!

Doesn’t a schedule only apply to new buildings?
Any building where construction started after 18 July 1985 qualifies for the ‘Special Building Write-Off’. That means you can depreciate the original cost of construction. Plus, for all buildings, there are a host of depreciable assets like hot water systems, blinds, floor coverings and stoves that may be depreciated.

If construction cost information was provided to you by the previous owner of the property (and there is an ATO expectation that they do this), those costs should be used in calculating your depreciation claim. You should make every effort to obtain actual building costs from the previous owner or the builder or developer of your property. Depreciator requires you to disclose any relevant costs you have obtained prior to commissioning a Tax Depreciation Schedule.

Can I claim renovations?
Yes. The ‘Special Building Write-Off’ can be claimed as long as the renovations were undertaken after 26 February 1992. You can also claim Architects and Engineers Fees. Structural inclusions such as retaining walls and sealed driveways, if undertaken after this date, also qualify.

If you’re interested in taking advantage of this opportunity, complete an online application form today!