There are two methods for calculating depreciation on the plant and equipment assets associated with an investment property: the prime cost and diminishing value methods. Each will result in a different outcome, so how should an investor work out which method best suits them?
In this 8 minute video. Bradley Beer, the Chief Executive Officer of BMT Tax Depreciation explains.
In this video you will learn:
- The basics of depreciation
- The rules that apply and how they will impact investors
- The 2 methods and how to choose which on is right for you
- The difference between the 2 methods