CMR

• How much will a tax depreciation schedule cost me?
  Depending on the size and the investment property in question, our friendly staff will give you a firm fixed price for our tax depreciation schedule on your investment property and remember the cost of this is fully tax deductible. If the cost of CMR’s tax depreciation schedule is acceptable, you can either make a booking over the phone (1300 131 658), or the booking form can be emailed or faxed to you.
• What do I get for my money?

  We liaise with your Real Estate Property Manager/Tennant to organise an inspection time and date suitable to both your tenant and our surveyor. The property is then measured, surveyed and photographed to determine both age and quality of building and fitments. Using the information compiled from this survey CMR produce a tax depreciation schedule for your investment property.

  You get two easy to read reports, written over 10 years, using both Prime Cost method & diminishing method as well as the capital building allowance (section 43). This report is signed off by a fully qualified Quantity Surveyor who is a member of the Australian Institute of Quantity Surveyors.

• Why choose CMR ?
  CMR & Associates specialise in Tax Depreciation Schedules. We have over 20 years experience in this field. We have designed an easy to read report which Accountants and clients prefer. We pride ourselves on a prompt service. Our expertise and professionalism is reflected in the fact that most of our work come from referrals.

Tax

• Does this report satisfy the Australian Tax Office requirements?
  Yes, the Tax Office prefers these reports to be written by a Quantity Surveyor and handed to your accountant for your yearly tax return.
• I have owned an investment property for a few years but have never had a report done?
  You can recover missed depreciation benefits, you will need to speak to your accountant to amend your previous tax returns using our depreciation schedules.
• My investment property is old, is it worth having a report completed?
  Yes, however this is dependant on the type of investment property, (ie. residential or commercial) when it was built and if there have been any alterations, renovations or extensions.
• What are the benefits of having a Tax Depreciation Schedule completed on my investment property?
  Many investment property owners are losing the potential tax depreciation by not having a depreciation schedule completed. CMR & Assoc conduct a full site inspection of the property, gather all the information to complete the report and ensure your tax deductions are maximised.