Are you missing out on claiming the maximum depreciation on your rental property and thereby paying too much tax?

You are allowed to claim depreciation on chattels and other property “fitout” that is not considered by IRD as part of the building.

We have access to a property valuer that can produce a specific valuation of chattels for your rental property (if recently acquired), which will then serve as the basis for maximising your depreciation claim.

In many cases, the cost of the valuation is recovered in the first year of deduction.

If you have acquired a rental property in the last 12 months (or are about to), please talk to us about whether this could benefit you.