Common property refers to the areas within an apartment complex or development that are shared between owners. In general, common areas are designated areas of a building or land that are available for use by all occupants, tenants or owners. More complicated common areas exist whereby access to certain common areas is restricted by the entitlement the owner is granted over these areas. Investors don’t often realise that common property areas and items can be claimed as a depreciation deduction. These are legitimate deductions and can be maximised by a specialist quantity surveyor.
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volupte
2009-11-26 19:17
depreciation
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investing
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investment
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realestate
http://theyounginvestor.com.au/2009/11/20/are-you-maximising-common-property-depreciation-benefits/
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simpy
