This month we explore depreciation at your fingertips...

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Expert Advice: by Tyron Hyde

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.

The Property Depreciation App aims to provide you - the Property Investor - with an estimate of the likely tax depreciation deductions available on certain properties.

Our Property Depreciation App searches for similar properties across our extensive database and creates an estimate based on these actual properties.

So you'll be able to quickly estimate the depreciation on potential residential investment properties.

So many people downloaded the iphone app – we also launched an Android version.

We're hoping Real Estate Agents will embrace this tool when assisting clients with their investment decisions.

It will also help Accountants and Mortgage Brokers number crunch with clients.

But most importantly, this App will be great for you - the Property Investor - when trying to estimate what property suits your financial situation.

Download it now, for free, before I change my mind and start charging people!

Tyron Hyde is a director of quantity surveying firm Washington Brown. For more QS Corner tips and information on property depreciation including a FREE online tax depreciation calculator, visit www.washingtonbrown.com.au

To read more Expert Advice articles by Tyron Click Here

Disclaimer: while due care is taken, the viewpoints expressed by contributors do not necessarily reflect the opinions of Your Investment Property.

 

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