Tax Depreciation Savings Calculator: How Much Can You Save? | Real Examples
When I ran the numbers on my first property, I couldn't believe the results: $8,123 in annual tax savings. Here are the real numbers from actual investors across Australia.
How Much Tax Could You Save with a Depreciation Schedule?
I still remember the moment I first understood depreciation's true power. It was 2022, and I'd just purchased a new townhouse in Brisbane. My accountant mentioned getting a "depreciation schedule," but I honestly thought it might save me a few hundred dollars a year.
I was wrong by a factor of 20.
When the quantity surveyor's report landed in my inbox, I stared at the numbers in disbelief: $18,050 in annual depreciation claims. At my tax bracket, that meant $8,123 back in my pocket every year.
