Maximise your Tax Returns : Prepare for EOFY with Napier & Blakeley
As the financial year-end approaches, it’s crucial to optimise your tax depreciation strategy with us. Don’t let valuable depreciation on fixed assets go to waste. Ensure all capital expenditure and write-offs incurred throughout the year are captured for maximum returns.
Our Tax team specialises in accurately calculating tax depreciation for fixed assets as well as assessing available write-offs on disposed assets and identifying Division 43 allowances available for ownership reversion when tenants vacate and leave behind an existing fitout.
Napier & Blakeley were the first provider of depreciation schedules and advice in the Australian market in 1985 and remains the leader in this field today. With our expertise, you can maximise deductions and minimise tax liabilities. Trust Napier & Blakeley to unlock the full potential of your commercial building investment.
Contact us now for a consultation and start maximising your returns today.
Michael Ross, National Head of Tax | 0403 841 175 | mross@napierblakeley.com
Coco Williams, National Head of Client Services | 0418 348 712 | cowilliams@napierblakeley.com
Are Triple Net Lease Property Investments Risk Free?
Many property investors believe that triple net leased property investments make for good, safe, passive investments.
This can be the case, but there can also be serious financial consequences should they not be managed properly.
Triple net leases differ from traditional leases in that the tenant is generally responsible for all of the operating expenses including repairs, maintenance and life cycle capital expenditure – a new roof, air conditioning system, lifts, and the like.
However, there are risks to be aware of with such property. Triple net lease investments are often single tenanted properties, perhaps with a special purpose or use.
The commercial stability of the tenant is of course fundamental in any investment, but in a triple net lease are they also going to:
- Take a proactive and planned approach to managing the asset?
- Keep on top of property maintenance and life cycle repairs and replacements?
- Fully understand what their obligations are?
- Know how to live up to and manage their end of the bargain? Continue reading
