Tag: tax deductions

Should you get a depreciation schedule?

If you’re an investor and not using a depreciation schedule for your property, you could be missing out on thousands of dollars in tax rebate. Costs and depreciation associated with your property can be deducted each year from your taxable income to improve your after-tax cash flow.  Every circumstance is different but many investment properties…
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Tax deductions for investment properties

Owning an investment property is a little like running a business. It provides a great source of income and builds personal wealth but inevitably comes with a series of costs that hit your bottom line. The great news for property investors is that many of these expenses are currently tax deductible. It is a common…
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