Why You Need a Quantity Surveyor for Tax Depreciation | ATO Compliance Guide
I learned this the hard way: my DIY depreciation schedule cost me $8,400 in the first year alone. Here's why quantity surveyors are essential for maximizing your property tax deductions.
Do You Really Need a Quantity Surveyor for Tax Depreciation?
I learned this the expensive way. When I bought my first investment property in 2019, I thought I could handle the depreciation schedule myself. After all, how hard could it be to list some appliances and calculate percentages?
The result? I missed $8,400 in legitimate tax deductions in my first year alone.