Depreciation is one of the most misunderstood parts of property investing - and one of the most useful for cash flow.

Daniel Ward explains what depreciation is, how schedules work, and the key differences between new and older properties when it comes to deductions.

Key takeaways:

• Depreciation basics and why it matters

• What quantity surveyors do and why compliance matters

• Capital works vs plant and equipment (and what changes with second-hand)

• How depreciation can reduce the cost of holding a property

• Renovations and scrapping considerations

• When it’s “too late” - and what can still be claimed

Guest: Daniel Ward - BMT Tax Depreciation.