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Property depreciation is the wear and tear of property and assets over time. Tax legislation, administered by the Australian Taxation Office (ATO) permits owners of income-producing properties to claim approved depreciation as a deduction offset against the income. This allows investors to claim the decline in value of the component parts which make up the investment property, over time. This includes the building structure and plant and equipment assets (See list below). To claim depreciation,

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The property purchase process involves various legal, financial and administrative tasks with all parties involved, such as agents, property lawyers/conveyancers and banks working hard to ensure a smooth property transaction. Unfortunately, issues can arise that prevent settlement from taking place on time.   Settlement Delays can be caused due to various reasons. The most common causes why settlements are delayed are:   Bank Complications: In instances where a purchaser is obtaining a home loan to

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