Residential Property Investors lose depreciation and travel deductions

Depreciation for fittings and fixtures From 1 July 2017, Government will limit the deductions for depreciation of residential property fixtures will only be allowance for expenses outlaid by an investor. The changes will be applied to previously used plant & equipment acquired at or after 7:30pm on 9th May 2017 unless it was acquired under … Continue reading Residential Property Investors lose depreciation and travel deductions