CMR’s staff and surveyors have over 20 years specialized experience in the preparation of Tax Depreciation Schedules/Reports and are registered members of the Australian Institute of Quantity Surveyors (AIQS).
By surveying, measuring and photographing each property, CMR provides a detailed, easy to read, forty year report. This report contains a full break-up of Prime Cost Calculation Method, Diminishing Value Calculation Method, Low Value Pool Items, and Capital Building Write-off Calculations.
CMR can produce a Tax Depreciation Schedule for any type of income producing or investment property building, including residential, non-residential, commercial or travel accommodation. These buildings must meet the ATO requirements to qualify for tax depreciation.
CMR’s experience show that irrespective of the age, 99% of properties would have some legitimate items for depreciation. Claiming all your legitimate tax deductions can be the difference between your property achieving a positive or negative cash flow.
It is recommended by the Australian Tax Office (ATO) that all income producing properties, whether residential or commercial, have a tax depreciation schedule/report compiled.
For more information on our services and how they can improve the returns of your investment property, review our Frequently Asked Questions page, call us on 1300 131 658 or email us at firstname.lastname@example.org
On average, our rates are 20 – 25% lower than most of our larger competitors.
Our friendly and expert staff are waiting to help you. Contact us today.