PropertyInvesting.com | washingtonbrown | Activity https://www.propertyinvesting.com/members/washingtonbrown/activity/ Activity feed for washingtonbrown. Sat, 11 Apr 2026 06:44:49 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 91e67f08b3e3a7e4cbf90e4698b55773 washingtonbrown replied to the topic Immediate deduction vs. capital work in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4410021-immediate-deduction-vs-capital-work/#post-4694758 Wed, 18 Sep 2013 23:08:21 +0000 Sounds to me like you've answered your own question.

In these repairs vs. capital improvements it really can be a case by case basis and lots of grey areas.

On the face of it….i'd probably start with a repair….

If you don't start that way – you'll never be able to go back.

]]> 17d4ab470e9ebbd545a4e7ab4f0c2e74 washingtonbrown replied to the topic Immediate deduction vs. capital work in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4410021-immediate-deduction-vs-capital-work/#post-4694756 Tue, 17 Sep 2013 21:14:04 +0000 Hi

Maybe this article i wrote will be help you?

Property Repairs

Regards

Tyron

http://www.washingtonbrown.com.au

]]> 148ad61f827d15cbe2ab6b5cf6e3d6ef washingtonbrown replied to the topic Did you know that you can claim depreciation on your overseas property? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4405712-did-you-know-that-you-can-claim-depreciation-on-your-overseas-property/#post-4662653 Thu, 23 May 2013 05:24:22 +0000 Sure did know that :)

We get http://www.washingtonbrown.com.au/property-depreciation-schedules#internationalDepreciation

We get around these days!

Regards

Tyron Hyde
www,washingtonbrown.com.au

]]> 1ac795625f74d79834d1984c7b58e340 washingtonbrown replied to the topic Property In North Dakota -Whats The Catch?? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4409358-property-in-north-dakota-whats-the-catch/#post-4690753 Tue, 14 May 2013 23:48:48 +0000 If it's soooo good – why do they need to sell it to Aussies! Surely all the Americans would buy?

At one property expo I exhibited at recently….about a third of the stands were all selling US properties.

That made me worried!

Regards

Tyron Hyde
CEO
http://www.washingtonbrown.com.au

]]> 3b8067cf20306cdf3a5e66f4401eaf7c washingtonbrown replied to the topic Removal of Depreciation in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4407362-removal-of-depreciation/#post-4675480 Wed, 24 Oct 2012 22:26:40 +0000 Well the good news is – the Tax Working Group did nothing.

Depreciation is back baby!!

Regards

Tyron Hyde
http://www.washingtonbrown.com.au

]]> 7e67f2e8387f5af47fe2bd8de241db63 washingtonbrown replied to the topic Removal of Depreciation in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4407362-removal-of-depreciation/#post-4675478 Tue, 09 Oct 2012 00:17:53 +0000 You can see all the submissions here in relation to removal of depreciation.

http://www.treasury.gov.au/ConsultationsandReviews/Submissions/2012/Business-tax-reform/Submissions

I think they should increase to 4% building allowance to encourage investment and save money.

If you're interested read the Washington Brown submission.

Regards

Tyron…[Read more]

]]> a145fca78b85dbd86796d784d75f118a washingtonbrown replied to the topic Overseas property depreciation rules in the forum Overseas Deals https://www.propertyinvesting.com/topic/4407560-overseas-property-depreciation-rules/#post-4677043 Wed, 26 Sep 2012 00:15:13 +0000 We have people in certain parts of the world.

I wrote this article on the topic some while back:

http://www.washingtonbrown.com.au/quantity-surveyor-corner/overseas-property-purchases

I hope it helps

Regards

Tyron Hyde
http://www.washingtonbrown.com.au

]]> 870aff65becde0eb53e706c09c208e7c washingtonbrown replied to the topic contract of sale this financial year but settlement next financial - can you claim deductions now and depreciation schedule when in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4406282-contract-of-sale-this-financial-year-but-settlement-next-financial-can-you-claim-deductions-now-and-depreciation-schedule-when/#post-4667148 Thu, 12 Apr 2012 01:37:59 +0000 Hi

As you are not settling until July…..you won’t be able to claim anything this financial year.

The report will start from Settlement.

Might be best to organise the QS to inspect just prior to settlement – so as to not disturb the tenants if you have one immediately.

regards

Tyron Hyde
CEO
http://www.washingtonbrown.com.au

]]> 90730db9f31fe2e1c2805b4060b90add washingtonbrown replied to the topic Townhouse construction costs in Melbourne in the forum Help Needed! https://www.propertyinvesting.com/topic/4406018-townhouse-construction-costs-in-melbourne/#post-4665013 Wed, 07 Mar 2012 00:29:47 +0000 I’d suggest Washington Brown is right!!

Regards

Tyron Hyde
Director
http://www.washingtonbrown.com.au

]]> f86ebc625ac218d7b7d802f0bf9c8721 washingtonbrown replied to the topic Depreciation Schedule - Self Inspect in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4401801-depreciation-schedule-self-inspect/#post-4635666 Sun, 07 Nov 2010 23:13:23 +0000 Hi

I have strong views on this topic. You can’t “self assess” the construction costs and it’s not supported by our Institute.

Top 10 Investment Property Tax Depreciation Tips

Further – read Tip 11 here:

QS Corner Tip Archive

You now need to make sure anyone you are dealing with is a Registered…[Read more]

]]> 31a724ba62ae920c0c60ffc7a6a1bf99 washingtonbrown replied to the topic Depreciation on renovated building in the forum General Property https://www.propertyinvesting.com/topic/4401638-depreciation-on-renovated-building/#post-4634831 Wed, 27 Oct 2010 23:31:47 +0000 Richard

Woops!

Tyron
http://www.washingtonbrown.com.au

]]> 25a24e7f7677284ea014da3efb880da8 washingtonbrown replied to the topic Depreciation on renovated building in the forum General Property https://www.propertyinvesting.com/topic/4401638-depreciation-on-renovated-building/#post-4634829 Wed, 27 Oct 2010 09:22:37 +0000 Hi Dean

Quite a complex query. If you want some free advice give me a call tomorrow.

Regards

Tyron hyde

wwww.washingtonbrown.com.au

]]> 19833bd8518bf599fc9b59d19c55e5cb washingtonbrown replied to the topic Can anyone recommend a depreciation schedule specialist in WA: Perth/Mandurah? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4401621-can-anyone-recommend-a-depreciation-schedule-specialist-in-wa-perthmandurah/#post-4634745 Wed, 27 Oct 2010 09:19:20 +0000 HI Daniel

We do work in that area if you are interested.

Regards

Tyron
http://www.washingtonbrown.com,au

]]> 7a5398df300aedd0216c6f96d4eff9fe washingtonbrown replied to the topic Initial Repair (capital) or Deduction? in the forum Help Needed! https://www.propertyinvesting.com/topic/4400894-initial-repair-capital-or-deduction/#post-4629973 Tue, 17 Aug 2010 11:02:19 +0000 Hi

This article might be of benefit to you. I wrote it for YIPmag.com.au

Property Repairs

Regards

Tyron Hyde
http://www.washingtonbrown.com.au

]]> 709751c5acc0cc9cd544775002301b0d washingtonbrown replied to the topic Depreciation Schedule in the forum General Property https://www.propertyinvesting.com/topic/4398456-depreciation-schedule-15/#post-4615253 Sat, 26 Jun 2010 00:28:41 +0000 Hi PleeThat's a really good question.With regards to World Square – we act for Meriton Apartments – so we have all the plans, specs and costs etc.So you could feel more comfortable using us in this interest.RegardsTyron HydeDirectorwww.washingtonbrown.com.au

]]> e8e0488cec92052e0efda6ad57dcb265 washingtonbrown replied to the topic Depreciation Schedule when builder quotes turnkey price in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4399224-depreciation-schedule-when-builder-quotes-turnkey-price/#post-4620022 Wed, 24 Mar 2010 22:54:39 +0000 TR 97 / 25 Par 28 indicates who can estimate the construction costs where the costs are unknown. Valuers and accountants CANNOT the Par reads like this:28. Appropriately qualified people might include:

·  a quantity surveyor, who has expertise in the relevant type of construction; ·  a clerk of works, such as a project organiser for major bui…

[Read more]

]]> 8f7bb9f21c4d1e0da6492b5efaa05a89 washingtonbrown replied to the topic Depreciation Schedule in the forum General Property https://www.propertyinvesting.com/topic/4398456-depreciation-schedule-15/#post-4615240 Sat, 23 Jan 2010 23:22:24 +0000 Hi DWolfe

It really depends on the location and type of property.

There is a section on our website to give a few details and we’ll send you a proper quote.

have a great day

Ty

]]> cf3d1ee74fdfbfbfe52b9eae5a40f43a washingtonbrown replied to the topic Depreciation Schedule in the forum General Property https://www.propertyinvesting.com/topic/4398456-depreciation-schedule-15/#post-4615238 Thu, 21 Jan 2010 23:05:46 +0000 Hi BlissyWhy don't you use our free depreciation calculator:http://www.washingtonbrown.com.au/That way you can work out how much you can claim first!regardsTyron

]]> f08843cf4f0f81f62a39fc2670293440 washingtonbrown replied to the topic Quantity Surveyor Required in the forum General Property https://www.propertyinvesting.com/topic/4396909-quantity-surveyor-required-2/#post-4607278 Fri, 07 Aug 2009 06:53:17 +0000 I'm biased – but why dont you give try our calculator – to see what returns you might achieve.www.washingtonbrown.com.auRegardsTyron

]]> 73e3512092947796f7ade1c55c2d0483 washingtonbrown replied to the topic Tax depreciation VS apartment value in the forum Finance https://www.propertyinvesting.com/topic/4396733-tax-depreciation-vs-apartment-value/#post-4606563 Fri, 17 Jul 2009 11:20:59 +0000 Hi Jazamite

Go to our website

http://www.washingtonbrown.com.au

We have a free dep calculator that will help you.

Cheers

Tyron

]]> f928f62f3fc014b17da7f1e20b04d230 washingtonbrown replied to the topic Tax depreciation VS apartment value in the forum Finance https://www.propertyinvesting.com/topic/4396733-tax-depreciation-vs-apartment-value/#post-4606561 Fri, 17 Jul 2009 05:25:25 +0000 I believe it should because i'm baised!BUT in reality the depreciation on a property is more GUARANTEED then your rental income. I guess banks look at the fact you need a job 1st though for the depreciation benefits to kick in.Sigh

]]> 5eef003db6821e3d428042e0524d059a washingtonbrown replied to the topic COST ESTIMATING - Building new Units in the forum Help Needed! https://www.propertyinvesting.com/topic/4395765-cost-estimating-building-new-units/#post-4601226 Sat, 09 May 2009 08:20:12 +0000 Hi

To estimate your project…you could use our new free calculator –
Found here:

Calculators

Regards

Tyron

]]> c2e6cd865413620c1263d9121c28f0d1 washingtonbrown replied to the topic Depretiaion schedule in the Geelong area in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4396124-depretiaion-schedule-in-the-geelong-area/#post-4603351 Wed, 29 Apr 2009 06:59:04 +0000 Hi We service the Geelong area.RegardsTyron Hydewww.washingtonbrown.com.au

]]> a4a0f39080eb680511509e03c860460a washingtonbrown replied to the topic Rental property deductions estimate in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4395780-rental-property-deductions-estimate/#post-4601299 Tue, 24 Mar 2009 08:31:46 +0000 Hi

Use our depreciation calculator to work out how much you can claim.

Find it here

http://www.washingtonbrown.com.au

Regards

Tyron

]]> 72b73dab31e9288b8cb082213f350071 washingtonbrown replied to the topic Two q's: Moving overseas & depreciation calculation in the forum HI MJT To get an estimate of https://www.propertyinvesting.com/topic/4395637-two-qs-moving-overseas-depreciation-calculation/#post-4600651 Tue, 10 Mar 2009 19:37:05 +0000 HI MJT

To get an estimate of the likely depreciation…

Us the depreciation calculator on our website

http://www.washingtonbrown.com.au

Regards

Tyron

]]> 88d09f30424c847972a7a6cacd024f7d washingtonbrown replied to the topic depreciation in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4395481-depreciation-24/#post-4599547 Sat, 21 Feb 2009 13:55:00 +0000 Hi Getting startedThis article i wrote might help you, particularly "option 2"http://www.washingtonbrown.com.au/property-news/building-allowanceRegardsTyron

]]> 86614a08d5d84abd0cfde0a97189fe20 washingtonbrown replied to the topic Recently Bought a unit - What should i do next in the forum Hi You also need to factor https://www.propertyinvesting.com/topic/4395185-recently-bought-a-unit-what-should-i-do-next/#post-4597992 Tue, 20 Jan 2009 10:56:27 +0000 HiYou also need to factor in the depreciation allowances.Use our calculator to get an approx. cost.All the best with the decision.RegardsTyron

]]> f5bc6d049fc754f38c4b31d8e7909842 washingtonbrown replied to the topic The $ value of depreciation? in the forum Hi Mick Your query is best https://www.propertyinvesting.com/topic/4395170-the-value-of-depreciation/#post-4597890 Sun, 18 Jan 2009 01:55:21 +0000 Hi MickYour query is best answered by using our calculator and comparing the answers @ http://www.washingtonbrown.com.auI think you'll find the actual depreciation won't be that far different.There is long winded reason why…but i'm off for a walk!RegardsTyron

]]> 98b8e4e439adc1f82c04104c16d069c4 washingtonbrown replied to the topic Tax deduction on investment property in the forum General Property https://www.propertyinvesting.com/topic/4395113-tax-deduction-on-investment-property/#post-4597697 Mon, 12 Jan 2009 01:29:19 +0000 Edvico_kvn wrote:
Also in the first tax return, you can claim strata, water rates and council rates you would have paid to the vendor on settlement of the IP.  The settlement letter will show the amounts you can claim in the 1st year tax return.With regards to claiming depreciation of building and fittings, they are certainly deductible during…[Read more]

]]> a49342a009b6ca06c06d0442f04f9c9e washingtonbrown replied to the topic How to work out depreciation amount and how is this effected when converting from PPOR to IP. in the forum General Property https://www.propertyinvesting.com/topic/4395118-how-to-work-out-depreciation-amount-and-how-is-this-effected-when-converting-from-ppor-to-ip/#post-4597726 Mon, 12 Jan 2009 01:24:16 +0000 Hi Cama20If the original construction costs were not transferred to you at settlement – you will need an appropriately qualified person to estimate the original construction costs.To get an estimate yourself now – use our depreciaton calculator – which you can find here http://www.washingtonbrown.com.auDuckster has answered the rest of your queries.RegardsTyron

]]> 07c9827f4c79c51f3dec83ec2c93fa68 washingtonbrown replied to the topic Tax deduction on investment property in the forum General Property https://www.propertyinvesting.com/topic/4395113-tax-deduction-on-investment-property/#post-4597694 Sun, 11 Jan 2009 00:33:52 +0000 [/quote]Thank for reply Terry,I want to clarify couple of thing:What is the receipt required for the travel expenses?How do I get the depreciation of the building and fitting if I want to buy the strata unit? Does ATO have a certain way to calculate it? Thank again,DNA4[/quote] Hi DNA4If the original construction costs are unknown  – ie they w…[Read more]

]]> be8d25ed7607e012dfdc510febf62f3e washingtonbrown replied to the topic Construction Costs in Sydney in the forum General Property https://www.propertyinvesting.com/topic/4395107-construction-costs-in-sydney/#post-4597660 Sat, 10 Jan 2009 00:35:17 +0000 Go to http://www.homeworld.com.auAnd talk to builders directly.Will work out far cheaper – might not be exactly your design.regardsTyron

]]> 45545349b0cc64427fe33777c2c872d6 washingtonbrown replied to the topic depreciation tax in the forum Absolutely you can. What a https://www.propertyinvesting.com/topic/4395103-depreciation-tax/#post-4597637 Fri, 09 Jan 2009 11:16:25 +0000 Absolutely you can. What a bonus!This question will be pondered by investors more and more as rates come down.Work out how much you can claim using our calculator. http://www.washingtonbrown.com.auRegardsTyron

]]> 17b6f4b1b02c5bce7d855480f1f530b3 washingtonbrown replied to the topic Depreciation -estimate for number crunching SE QLD 3br 2bth 1car in the forum We recently released one Try https://www.propertyinvesting.com/topic/4395072-depreciation-estimate-for-number-crunching-se-qld-3br-2bth-1car/#post-4597468 Thu, 08 Jan 2009 10:47:18 +0000 We recently released oneTry it @ http://www.washingtonbrown.com.auIts uses live data .RegardsTyron

]]> 453479c2cabfb990583a7b3e06d4d651 washingtonbrown replied to the topic Depreciation on new property (non tax related) in the forum Hey You may find this https://www.propertyinvesting.com/topic/4391575-depreciation-on-new-property-non-tax-related/#post-4578112 Thu, 03 Jan 2008 12:23:07 +0000 Hey You may find this article of interest in relation to buying a new property vs. a second hand property.http://www.washingtonbrown.com.au/news/depreciation-for-profit.htmRegardsTyron Hydewww.washingtonbrown.com.au

]]> 5b5b3d1a0c1f8eafd0b3144562ca0837 washingtonbrown replied to the topic Quantity Surveyor's in Adelaide in the forum Help Needed! https://www.propertyinvesting.com/topic/4391771-quantity-surveyors-in-adelaide/#post-4579262 Mon, 31 Dec 2007 08:45:51 +0000 Hi TheresaWe do alot of work in SA if thats of interest.Please review our site @ http://www.washingtonbrown.com.auRegardsTyron Hyde

]]> 83cb4a2c66857b51b58b352debe9e105 washingtonbrown replied to the topic Depreciation on property in the forum General Property https://www.propertyinvesting.com/topic/4391062-depreciation-on-property/#post-4575514 Tue, 09 Oct 2007 09:09:17 +0000 elkam wrote:
Having said that as the property was built in 1986 the depreciation on the original building has now expired.

Not too sure about this!Still should be plenty of depreciation for you.RegardsTyronwww.washingtonbrown.com.au

]]> 3333de3cb4f00c6bf8df3367d24f6230 washingtonbrown replied to the topic Depreciation of overseas property in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4386979-depreciation-of-overseas-property/#post-4555542 Mon, 09 Oct 2006 10:06:35 +0000 Billy

I think you’ll find residential depreciation laws are not the same in the UK.

IE you can only depreciate Commercial properties.

Napier Blakely Winter (Who are linked to Napier Blakeley) will be able to assist you.

When googling in the UK -try “Chartered Surveyors” not Quantity Surveyors…you may have more luck that way.

Or try the…[Read more]

]]> 6d0db42329bbd219c1d39911c79c73c4 washingtonbrown replied to the topic Depreciation - diminishing value in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4386574-depreciation-diminishing-value/#post-4553520 Wed, 30 Aug 2006 05:18:11 +0000 Talk about a turkey slap in the face!!!

]]> 86240cc7031cbc0791eb545e0556352d washingtonbrown replied to the topic Depreciation schedule in the forum No Subject https://www.propertyinvesting.com/topic/4385916-depreciation-schedule-9/#post-4550555 Sun, 25 Jun 2006 08:27:31 +0000 Hi Elka

To a certain degree your nephew is correct.

The ATO has released a pretty comprehensive list of what is plant and what is capital.

Why people would use a QS in the situation would include…

A. Well most firms would give you a year by year breakdown and an analysis of prime cost vs. Diminishing Value.

B. Would be able to…[Read more]

]]> 0153425cfbe1436aee20732d3c6580b2 washingtonbrown replied to the topic claims on new house in the forum No Subject https://www.propertyinvesting.com/topic/4385904-claims-on-new-house/#post-4550477 Thu, 22 Jun 2006 12:11:42 +0000 Hi

As for the building depreciation….

Allow about 5-8% of the building construction cost as your first year depreciation….(of building plant and building) as your deduction.

It will vary depending upon the finishes you use.

Regards

Tyron
http://www.washingtonbrown.com.au

]]> d41a7e989212ffcbafaf23d2d70bbdde washingtonbrown replied to the topic Depreciation on an old property? in the forum No Subject https://www.propertyinvesting.com/topic/4385503-depreciation-on-an-old-property/#post-4547503 Sun, 28 May 2006 08:44:38 +0000 Hope you both get something out of it!

We are about to release some exciting newsworth stuff…so i hope you have both joined the subscription section.

Regards

Tyron Hyde
http://www.washingtonbrown.com.au

]]> 13a5b152496a02a34d0433567bc53f42 washingtonbrown replied to the topic Depreciation on an old property? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4385503-depreciation-on-an-old-property/#post-4547499 Sat, 20 May 2006 08:02:50 +0000 Hi Mark

Yes the depreciation will only last 25 years in that case. In terms of whether the original intention has to be an investment property…

You must know more than the average punter!…This was the case many years ago but was changed. It is not the case now.

It would be impossible know what the original intention of that ownnership was…[Read more]

]]> a95c760cb9a4d0b0aa6a9705b61893b0 washingtonbrown replied to the topic Depreciation on an old property? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4385503-depreciation-on-an-old-property/#post-4547497 Tue, 16 May 2006 08:15:07 +0000 This is correct – to be precise the dates are

From the 18-7-1985 to 15-9-1987 the allowance is 4%. The relevant date is the commencement of construction in order to qualify.

If you go to our website http://www.washingtonbrown.com.au and download the brochure…you have it mapped out for all different property classes.

Now these dates only are…[Read more]

]]>