Revolve Commercial Property Podcast: How to Save Thousands of $$$Dollars🤑😀 with a Tax Depreciation Schedule

In this month's episode of the Revolve Commercial Podcast Mish and Andrew sit down with Mike Mortlock from MCG Quantity Surveyors to discuss how a tax depreciation schedule can save you thousands of dollars at tax time. Mike explains exactly what a tax depreciation schedule is and the money you could be leaving on the table if you don't get one done within the first two years of owning the property.    Topics also covered: How inflation affects your tax depreciation schedule The change in Tax legislations in 2017  Straight Line Depreciation Method AKA prime cost method Diminishing Value Method What types of commercial property have higher tax depreciation deductions  Some of the key mistakes people make when buying a new property from a developer How to choose which depreciation method is best for your current situation How much a tax depreciation schedule actually costs  Mike Mortlock Fundraiser Page - The Magic Ride 2022 https://feel-the-magic-2021-magic-ride.raisely.com/mike-mortlock   SHOW CREATED BY THE COMMERCIAL PROPERTY SHOW NETWORK    HOSTED BY: Andrew Bean  Ph: 0410 694 633 Email: [email protected] LinkedIn: http://linkedin.com/in/andrew28 Instagram: @andrewbean28   FOLLOW THE COMMERCIAL PROPERTY SHOW NETWORK ON  COMMERCIAL PROPERTY SHOW WEBSITE www.commercialpropertyshow.com.au   FACEBOOK GROUP – Commercial Property Show Community https://www.facebook.com/groups/commercialpropertyshow   FACEBOOK PAGE – @commercialpropertyshow https://www.facebook.com/commercialpropertyshow/   INSTAGRAM - @commercialpropertyshow https://www.instagram.com/commercialpropertyshow/   TWITTER - @compropertyshow https://twitter.com/compropertyshow   APPLE PODCAST https://podcasts.apple.com/au/podcast/commercial-property-show-australia/id1500207613   PODBEAN LINK https://andrewbean.podbean.com/ #commercialproperty #revolvecommercial