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Tax Depreciation Schedules
IPN Valuers provide comprehensive Tax Depreciation Schedules to allow investment property owners to claim depreciation on the decline in value of assets over time, to obtain significant tax savings.
What We Do
Tax Depreciation Schedules are suitable for all investment properties, whether residential, commercial, or rural as they often all come with a range of fixtures and fittings that are subject to wear and tear over time. In order to claim depreciation on investment property assets, property owners need to obtain a depreciation schedule from IPN Valuers. In this schedule IPN valuers will outline the value of each asset, its useful life, and the depreciation rate that can be claimed.
Depreciation can be claimed on a range of fixtures and fittings in investment properties, including:
- Carpets
- Curtains
- Air conditioning units
- Hot water systems
- Ovens
- Dishwashers
- Other appliances
Additionally, commercial and rural properties may have depreciation available for items such as:
- Fencing
- Sheds
- Other structural improvements.
Our Fee Structure
| Assets Value | Cost | Cost inclusive of Rent Assessment | Current Use |
|---|---|---|---|
| Up to $1 Million | $275(+GST)* | $375 (+GST)* | Single residential property |
| Over $1 Million | Request a quote | Request a quote | |
| Multi-Unit/Tenancy Property | Request a quote | Request a quote |
| Assets Value | Cost | Cost inclusive of Rent Assessment | Tenancy |
|---|---|---|---|
| Up to $1 Million | $500 (+GST)* | $700 (+GST)* | Single tenant (related party leases only) |
| $1 – $2 Million | $650 (+GST)* | $850 (+GST)* | Single tenant (related party leases only) |
| $2 – $3 Million | $850 (+GST)* | $1,000 (+GST)* | Single tenant (related party leases only) |
| >$3 Million or complex properties (including multi-tenant) | Request a quote | Request a quote |
| Assets Value | Cost | Current Use |
|---|---|---|
| Up to $1 Million | $600 (+GST)* | Lifestyle/Non-specialised |
| $1 – $2 Million | $1,000 (+GST)* | Lifestyle/Non-specialised |
| >$2 Million or specialised | Request a quote |
* Indicative pricing structure.
The above pricing is for desktop restricted property assessment (FY2024/2025).
Please note that the table summarizes the pricing structure for different property types and asset values, along with associated assessment costs and tenancy types. For some more complex commercial properties(including multi-tenant or specialised properties) customized quotes are necessary.
IPN Terms & Condition apply