A form 221D & a depreciation schedule could become your new best friends. It is important you engage a professional to explain how they could be of benefit to your property investment vehicle. While searching for information and people to help you on your way, I came across this PDF by the Australian Tax Depreciation Services website.
I was quite impressed & thought it informative. Please make sure the people who are advising you are qualified to do so. We all have had different experiences investing but when you are trying to make clear goals & important choices which affect cash flow, entity & structure, the guy you met at a BBQ, who gave you advice is not going to take responsibility if your investment suddenly turns sour.
PDF – ATDS_Tax_Tips
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