Case Study Overview
Rental property at Peregian Beach Sunshine Coast which we inspected and compiled the depreciation schedule for our client.
Name: Perigian Beach, Sunshine Coast
Address: Sunshine Coast QLD
Location:
Date: 2018-10-16 10:00:00Z
Client Outcomes
At NBtax by Napier & Blakeley our job is to make sure our clients understand their entitlements and receive comprehensive, compliant tax depreciation schedules which maximise the return on their investments.
The property features
- 4 bedrooms
- 2 baths
- double garage
- modern kitchen
- laundry
- lap pool
- fully fenced
- balcony deck
- outdoor entertaining and kitchen.
Our Inspector reviewed the structural elements including fixed inclusions such as the lap pool, fully fenced balcony and deck. Other free standing furniture Items which were part of the purchase included cushions, sound system, TV, fridges, beds, side tables, chest of drawers, planter boxes and dinning setting.
As the building was constructed in 2005 and purchased in August 2016, depreciation deductions applicable for this investment property include building and plant & equipment items. Our client kept accurate records of receipts for repairs and additional plant & equipment items purchased which we were able to include in our calculation of their benefit.
Here’s what our client had to say about our services.
“Overall I found the process very efficient and professional. The NBtax Building Inspector arrived promptly, methodologically went through the property noting all the items. They asked many questions and went through all my building repair invoices and purchase receipts. They were very thorough and accurate. I was pleasantly surprised at how much I could claim. This will greatly help to offset my rental income and help me to gain a better tax return outcome. I found the Depreciation Schedule an extremely valuable tool and an excellent benchmark for the future."