Don't be strapped for cash, scrap for cash
Money for nothing, how depreciation can add value.
Renovating investment properties is becoming a popular way for investors to increase the potential rental returns on their properties in a market where rents have failed to increase like property prices have. An article from BMT Tax Depreciation explains what assets in the renovation can be claimed and how much return you can get on them.
If you're thinking about renovating, be sure to speak to a Quantity Surveyor before you start.
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