To prepare accurate reports, a Quantity Surveyor will require key information about the investment property’s details. This typically includes the purchase price, settlement date, property type, and any available construction cost information.
Where construction costs are not known, qualified professionals within the construction industry and quantity surveying services can estimate these costs in accordance with Australian Taxation Office guidelines. Once assessed, we provide depreciation schedules that outline eligible capital works deductions and plant and equipment depreciation for use in your tax return.