Property Depreciation

Depreciation on investment properties

Depreciation on investment properties As an asset with significant value, your investment property is subject to a range of changes each year that depreciate its value. The better you understand these changes, the smarter you can be about claiming back some of your investment property’s depreciation in your annual tax returns. And as a […]

What is property depreciation?

By Sally Shaw in Blog with 0 Comments

What is property depreciation? Property depreciation is a tax deduction that allows property investors to offset the decline in the value of their investment property (or properties) against their taxable income. After interest, depreciation is the second largest deduction available, so it can make a significant difference to your cash flow when you get […]

Property Wise Launceston

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Michael Tsai

10:48 29 Jul 21

From the first moment I contacted Property Wise, Sally has been absolutely amazing in helping me organise and manage my... first investment property in Launceston! Sally's knowledge of everything to do with property management is quite ridiculous. Sally's insights are incredible, and her execution is impeccable (she literally replies to my emails any day of the week with many recommendations I never thought about before). She is incredibly value-driven and genuinely cares about helping her clients in the best way possible. I look forward to working closely with her on hopefully more properties to come! Thank you as always :)read more

Saeed Khosravi

11:00 08 Jul 21

We can't speak highly enough of our experience with Property Wise Launceston. We would like to personally thank Sally... and her team for making the process of renting out our property a pleasant one. We spoke with Sally and then met with her at our home. She had extensive knowledge of our area and answered all our questions making us feel at ease during a stressful time. We are so grateful to have been recommended their services.read more

Liping Cong

04:31 27 Jun 21

I rented a property through WISE PROPERTY. I was so impressed by Sally and Celeste's fast responding and professional... service. It's unbelievable that I got the lease within 48 hours (including application, inspection, contract and everything). Thanks very much for helping me settling down in Launceston. I would say choosing WISE PROPERTY IS definitely A WISE CHOICE. -- And Sally is legend.read more

Angela Dykman

10:39 16 May 21

Property Wise Launceston was recommended to me as a solid option to manage my property. As a beginner landlord with a... newly constructed property, I was looking for a property manager who was professional but also personable. I had a lot of questions and was blown away by Sally's professionalism, transparency and friendliness. Sally worked hard on my behalf to not only find amazing tenants, but also get a rental return that far exceeded the amount quoted by a different, well known local property management business. I can't recommend Sally and her team highly enough. She has made this experience such an easy and straight forward process, I am so glad that I have signed up with Property Wise Launceston.read more

Jeff Lampano

20:56 02 Apr 21

We are very grateful to Sally and her team for helping us get a place to live! Very efficient transactions, responsive... A+, proffesionals with a heart. We really feel like we are well looked after. Surely one of the best real estate we came across around Launceston! They deserve more than 5 stars! Highly recommend!!Thanks again Property Wise, Sara & Jeffread more

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Property Depreciation

Depreciation on investment properties

What is property depreciation?