Save $1000’s while planning your renovations
Simple steps before renovating
If you are planning to renovate, replace or add anything to your property it would be wise to consult us during the planning. You need to first obtain a depreciation schedule for the property, so you can itemise and claim on any existing assets prior to any changes made to the property. Then there are options as to how you can scrap, replace, repair or add to your property in a way that could result in either substantial tax depreciation deductions.
Case Study – Existing House Renovations
Without ADM Depreciation Schedule | With ADM Depreciation Schedule |
---|---|
$12,943 | $17,819 |
Additional Tax Savings | |
$4,876 |
Without ADM Depreciation Schedule |
---|
$12,943 |
Additional Tax Savings |
$4,876 |
With ADM Depreciation Schedule |
---|
$17,819 |
Additional Tax Savings |
$4,876 |