Tax depreciation is not only an important way for you to reduce your tax when owning investment property, but it ties into the overarching strategy of how tax and cashflow of a property can help you build wealth faster. While an accountant can support you with your tax return each year - the ATO does require you to have a qualified conveyancer. Working with a qualified team to take you through this and other ways to maximise your tax return is vitally important to pay less tax, increase your return and circle this money back into paying less interest on your owned home or save as a deposit for a future property!
