07 5482 7505   |   ashley@professionalsgympie.com.au
Register for Alerts   |   Login to Alerts

Gympie

192 Mary Street Gympie

07 5482 7505

07 5482 2245

ashley@professionalsgympie.com.au

Contact us

Visit

Visit

Visit

Visit

Improve cash flow

Home | What is tax depreciation? | Improve cash flow | Fast facts | Order schedule | About us | Contact us


An example of an investor with two investment properties:

Not claiming depreciation
Gross Wages $90,000
Gross Rental Income $35,000
Rental Loss $37,000
Taxable Income $87,000
Total Payable $22,850
Claiming depreciation
Gross Wages $90,000
Gross Rental Income $35,000
Rental Loss $61,500
Taxable Income $63,500
Total Payable $14,400

By putting back the tax savings, for example the $700 as shown below, this could potentially save you thousands of dollars in interest.


Loan Details
Loan Amount $500,000
Interest Rate 7.00%
Loan Term 20.0 Years
Repayment Frequency Monthly
Repayment Details
Extra contribution per payment $700
Extra contribution start after 0.0 Years
.
.

Copyright © 2016 Professionals Real Estate  |  Privacy Policy & Disclaimer  |  Made in Melbourne by iProperty