NL888 replied to the topic Depreciation inside a Family Trust in the forum Legal & Accounting 3 weeks, 5 days ago
Thanks Steve, appreciate the quick reply 👍
NL888 started the topic Depreciation inside a Family Trust in the forum Legal & Accounting 3 weeks, 6 days ago
Hi guys, I’m new to the forum and this is my first post so go easy on me as I’m still learning 😆
So my question is why would I claim depreciation on a property inside a trust if it reduces your taxable income?
E.G The trust owns an investment property that is positively geared returning $20,000 before tax. Now if I was to claim depreciation of…[Read more]
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