Depreciation Schedules
Claim What Your Investment Property Is Entitled To
A comprehensive tax depreciation schedule can help identify eligible deductions associated with your investment property.
Request Your Depreciation Schedule
COSTUMER EXPERIENCE HIGHLIGHTS
Why Customers Choose Our Inspections
40+ Years in the Industry
Decades of hands-on experience means nothing gets missed.
3,800+ Victorian Customers
Trusted by thousands of homeowners and buyers across Victoria.
Detailed Photographic Reports
Clear, photo-rich reports delivered the same day as your inspection.
Registered Experienced Team
Our inspectors are fully registered and trained professionals.
COSTUMER EXPERIENCE HIGHLIGHTS
Why Customers Choose Our Inspections
40+ Years in the Industry
Decades of hands-on experience means nothing gets missed.
3,800+ Victorian Customers
Trusted by thousands of homeowners and buyers across Victoria.
Detailed Photographic Reports
Clear, photo-rich reports delivered the same day as your inspection.
Registered Experienced Team
Our inspectors are fully registered and trained professionals.
What We Assess
Eligibility and available deductions depend on the property, applicable tax legislation and the investor’s individual circumstances.
- Eligible building and structural works
- Renovations and improvements
- Fixtures and fittings
- Appliances
- Heating and cooling equipment
- Other eligible depreciating assets
- Window furnishings
- Floor coverings
More Back. Every Year.
Your Property May Be Producing More Than Rental Income
Australian investment properties can contain a wide range of depreciable assets and eligible capital works.
Without a properly prepared schedule, investors may overlook legitimate deductions or rely on incomplete estimates that fail to capture the property’s available depreciation.
The MPF team helps coordinate the preparation of detailed depreciation schedules for investment property owners.
A tax depreciation schedule provides your accountant with a breakdown of potentially eligible deductions over time.
SIMPLE PROCESS
How the Process Works
01
Provide the Property Information
Send through the property address, purchase information and any available details concerning renovations or improvements.
02
Property Assessment
The relevant construction details, improvements and depreciating assets are identified and assessed.
03
Schedule Preparation
A detailed depreciation schedule is prepared for use by your accountant.
04
Review With Your Tax Adviser
Your accountant applies the schedule when preparing your tax return, taking your individual circumstances and current tax rules into account.
FREQUENTLY ASKED QUESTIONS?
Depreciation Schedule Questions
Why do I need a depreciation schedule rather than relying on my accountant?
The Australian Taxation Office recognises quantity surveyors, not accountants, as the appropriately qualified professionals to estimate construction costs and asset values for depreciation purposes. Without a professional schedule, accountants tend to be far more conservative, which often means investors miss out on deductions they’re entitled to.
Is my property too old to claim depreciation?
Not necessarily. Capital works deductions are available for residential properties constructed from 18 July 1985 onwards, claimed at 2.5% annually over 40 years. Even older properties can still have substantial value remaining if renovations like a new kitchen, bathroom, or re-roofing have been carried out since that date.
Does my property need a physical inspection?
Yes it does. A site inspection allows us to accurately identify and document eligible assets and any past renovations or improvements that may not appear in existing paperwork, which can significantly increase the deductions captured in your schedule.
Make Sure Your Investment Property Is Working as Efficiently as Possible
Speak with the MPF team about arranging a tax depreciation schedule for your property.