Property Depreciation & Borrowing Expenses
Learn to add depreciation schedules, borrowing expenses, and utilise calculators for informed investment decisions.
10 articles
- How to add property depreciationLearn how to add property depreciation (capital works, plant & equipment & LVP) seamlessly into TaxTank for accurate financial reporting.
- How is Capital Works depreciation calculated?Understand how Capital Works depreciation is calculated, maximising tax benefits for your investment properties.
- How to add borrowing expenses for your investment propertyLearn how to add borrowing expenses for your investment property accurately, optimising tax deductions within TaxTank.
- How to use the Property Borrowing Power Calculator in TaxTankLearn how to utilise the Property Borrowing Power Calculator effectively within TaxTank for assessing investment potential.
- How does the Property Borrowing Power calculator work?Gain insights into how the Property Borrowing Power calculator works, empowering informed investment decisions.
- Help with inputting your depreciation scheduleIf you need help inputting your depreciation schedule, we have a service available for $22 per schedule. Quick, accurate, and hassle-free!
- How to add grouped depreciation items to the Low Value Pool (LVP)Learn how to manually add grouped depreciation assets to the Low Value Pool in TaxTank for accurate tax tracking and maximised deductions.
- How to set up custom depreciation for commercial property or non-standard assetsLearn how to create custom categories for commercial properties or assets not covered by ATO useful life guidelines.
- How to add Structural Improvements & Building AlterationsLearn how to add structural improvements and building alterations in TaxTank, including depreciation for initial repairs and post-purchase renovation projects.
- How to add Building Depreciation (Capital Works)Learn how to add Building Depreciation in TaxTank, record capital works costs, set building and schedule dates, and calculate remaining claimable depreciation.