Tax depreciation schedules - determination of the building depreciation and tax allowances available for investment and income producing properties, to reduce your accessible income, based on construction costs. The Income Tax Assessment Act (ITAA 1997) permits a construction write-off allowance. In addition, you will be eligible to depreciate the furniture, fittings and plants within the property, as well as your entitlement of the common property.
Sinking fund forecasts - setting up a sinking fund contribution schedule and maintenance timetable for the continued maintenance of a building after completion. Must by law, be in place before the first Body Corporate meeting takes place.
Insurance valuations - determination of the value to replace a building in case of total loss (through fire), for insurance purposes. Ensures you are not either paying inflated premiums, or are not fully covered.
AQS have completed various significant Sunshine Coast building projects.
We offer owners of income producing properties in the Sunshine Coast, Tax Depreciation Schedules detailing a yearly allowance breakdown for a period of ten years, commencing from date of settlement. Our fee is fully tax deductible. Please phone Bobby le Roux on (07) 5473 9926 or email to firstname.lastname@example.org to obtain an information sheet and obligation free quotation. We service the entire Sunshine Coast and surrounding areas.