Propti depreciation report pricing
Depreciation reports start from $625 inc GST. We can provide an estimate of your potential depreciation deductions before you pay for the report. The estimate is indicative; the final schedule and your tax circumstances determine the deductions available. Your total fee and report scope are confirmed before you proceed.
How should you compare depreciation schedule quotes?
Ask for the fee for your property, rather than assuming an advertised starting price applies. The number of assets, building complexity, available cost records, ownership arrangements and inspection requirements can change the scope.
A tax depreciation schedule provides information for your accountant. It is different from a market valuation or a lender's construction cost report, so the quotes are not interchangeable.
What should the quote cover?
- Whether GST is included.
- Inspection arrangements and any travel charge.
- Property, construction and asset information included.
- Relevant income years and the agreed reporting period.
- How existing schedules and renovations will be handled.
- Delivery timing and the cost of later corrections or additional work.
When might another schedule be unnecessary?
Give the preparer your existing report before ordering. Your accountant may already have suitable records, or an update may address the change more efficiently than a new assignment. Conversely, renovations or missing cost information may justify further work. The decision should reflect the information needed, not an assumed deduction amount.
Fees and tax savings are different figures
A deductible amount is not an equal cash refund. The benefit depends on eligibility, ownership, taxable income and the tax rules applying to you. A schedule cannot promise to pay for itself. Ask your accountant to assess the expected usefulness of the information and the treatment of the fee.
Information to prepare
Supply purchase and rental dates, construction and renovation records, ownership details, available plans and any existing schedule. Tell us whether you need current reporting, historical information or a review after improvements.
Frequently asked questions
Is an inspection included?
Ask the preparer to confirm the evidence required and whether the quoted fee includes an inspection.
Does a schedule guarantee deductions?
No. Your accountant needs to assess the property's circumstances and each category of expenditure.
Can I use the schedule again next year?
A schedule may cover multiple years. Relevant changes to the property, ownership, assets or tax treatment may require a review.
Sources and further reading
- ATO: Work out your capital works deductions — Eligible construction expenditure and applicable deduction rules.
- ATO: Second-hand depreciating assets — Restrictions relevant to previously used residential rental assets.
Arrange the right report
Explore tax depreciation with Propti. Send the property address, purpose, required date and recipient’s instructions when you request a property report quote.