Alfresco investment may be the go

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If you own an investment property and are thinking about what you might be able to do to make it more attractive to tenants, you might like to consider adding a useable outdoor area.

Most people relish the idea of being able to entertain outdoors. It is so much a part of the way we live these days.

A permanent weather-proof structure may do more for rental return and overall property value than an expensive kitchen make-over.

Before you go any further, have a chat to the experts… the people who can tell you all about depreciation deductions you may be able to claim when you add an alfresco area or an outdoor structure to your investment property.

There may be additional capital works deductions, or building write-off, you can claim; and you may be able to claim depreciation deductions in relation to new plant and equipment assets you install, such as outdoor ceiling fans, outdoor furniture, a freestanding barbecue, light shades and garden solar lights

So, create an indoor-outdoor environment that can be enjoyed all year round and not only add value to the existing property, attract tenants and hopefully increase your annual rental yield, it may be of benefit at tax time too..

Posted in Uncategorized on 19 Feb, 2018 | Comments Off on Alfresco investment may be the go