Tax Deductions on Property are still Available
Even with recent changes to Negative Gearing, investment properties can still provide substantial Tax Deductions through Depreciation, particularly newer properties and recently renovated homes.
At R24, we help property investors across Australia understand the Depreciation related Tax Deductions available on both Residential and Commercial investment properties.
Want To Understand The Deductions Available On A Property Before You Buy?
We regularly work with builders, developers and property professionals across Australia specialising in newly built investment properties.
If you are specifically looking for newer investment stock that provide strong Depreciation deductions and Negative Gearing benefits, we can connect you with a range of property professionals specialising in these types of opportunities.
Alternatively, if you already own an investment property or are considering purchasing one, we can provide a free Depreciation Estimate to help you better understand the deductions available before purchase.
Property Investing has long been used to Build Wealth in Australia
Property investment has been one of the most common ways Australians build long-term wealth.
While higher-income earners have traditionally used property as part of their investment strategy to build wealth and reduce taxable income through legitimate property-related deductions, many everyday Australians have also used investment properties to improve their long-term financial position.
In fact, some of the largest groups of property investors in Australia include:
Teachers
Nurses
Tradies
Small business owners
For many Australians, investment property is not about becoming a full-time property investor. It is simply about building long-term financial security over time.