Maximize your return on investment with a depreciation schedule
Contact us to learn how you can claim thousands extra every year
No property is too old for a depreciation schedule
Why do investment property owners need a depreciation schedule?
SERVICES
PROPERTY INVESTORS
Maximise your deductions and returns, reduce tax by claiming the construction cost of your building
ACCOUNTANTS
Free depreciation education and training, industry updates free and easy to use depreciation schedules for faster processing
REAL ESTATE PROFESSIONALS
Differentiate service offerings to your clientele. Schedules can be ordered by any maintenance order
BUILDERS
Improve sales to potential property investors by providing a depreciation schedules and increase clients return on investment.
OUR PROCESS
Our streamlined professional processes ensure, quality, thoroughness and responsiveness.
PRICE GUARANTEE
We will beat any written or advertised quote by 10% on a like for like service
OUR HISTORY
Build Cost Pty Ltd, was established in 1998 to provide Depreciation Schedules as a specialised service making us one of the very first to specialise in tax depreciation. Since then we have completed thousands of schedules across all types of construction including residential, education, manufacturing, commercial and short term traveller accommodation.
From small beginnings we have grown to have physical offices in 4 locations throughout Victoria and soon to open in Sydney.
DEPRECIATION SPECIALISTS
Build Cost is one of the first quantity surveying companies to specialise in depreciation
INDUSTRY EXPERIENCE
Our management team has over 75 years experience in quantity surveying, construction and depreciation consulting
REGISTERED BUILDERS
Build Cost are registered builders with Master Builders Victoria
GOVERNMENT REGISTERED
Build Cost has been awarded full Tax Practitioner status by the Tax Practitioners Board
TRAINING & INVESTMENT
We heavily invest in systems and staff training to ensure your experience is in the benchmark in the industry
WHAT IS DEPRECIATION SCHEDULE ?
A (property) tax depreciation schedule is document that summarises to your accountant the assets in an investment property, their value and the amount of depreciation that can be claimed against the investment property income year on year.
A report that details, year by year, the deductions which can be claimed based on the cost of a building and fittings.Depreciation is a accounting concept by which the cost of an asset, for example an investment property, should be written off or deducted from the income it helps produce over its useful life. Depreciation recognises that a asset is subject to wear and tear and has a limited useful life.
The advantage of depreciation as a tax deduction over all other deductions, including negative gearing, is that it is a non-cash deduction, that is, no expenditure has to be spent to claim it. Basically you have an automatic right to claim it without any additional cost. As a general rule, the amount that can be claimed is based on the construction value of the property structure.
