Tyron Hyde
Tyron Hyde is director of Washington Brown and has over 15 years experience in the construction and development industry. Considered one of Australia’s leading experts in property tax depreciation, Tyron regularly presents at industry conferences and events and has published numerous articles on tax depreciation and property investment.
Tyron has a Bachelor in Construction Economics from University of Technology Sydney.
Click here to access the Washington Brown website.
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Builders are good at building. But that doesn't necessarily make them good at maximising the depreciation allowances you are entitled to
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Most property investors now know you cannot claim building depreciation for properties that are constructed before July 1985. But what if your property was built before 1985 and has been renovated, can you claim depreciation on the renovations?
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Understanding the tax depreciation of commercial investment property
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The Australian Taxation Office (ATO) is ramping up client compliance by monitoring property investors who have purchased an investment property this year.
In their latest announcement the ATO announced they will be using data matching techniques to target property investors.
From my experience the ATO tends to target the following areas:
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There are two sides to the property depreciation puzzle. As an investor you're entitled to claim depreciation on the wear and tear of particular items (such as ovens, blinds, carpets etc) along with the construction cost of the building itself - provided building commenced after July 1985
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By now you know how passionate I am about property depreciation… well, when Washington Brown launched Australia's first Property Depreciation iPhone App I didn’t think over 20,000 people would download it!
I guess being FREE didn’t hurt! You can download it by visiting the Washington Brown website or App Store on your iPhone.
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Tyron Hyde explains potential depreciation issues that may arise as a result of floods.
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In this month’s QS corner… how one year can make all the difference…
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Warren Buffet has been attributed to the following quote in relation to investing;
“Rule Number 1 – Never lose money. Rule Number 2 – Never forget rule Number 1”
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