Maximise the tax benefits of your investment property

It is a testament to Paul and his team that I was able to obtain such outstanding returns on my investment properties and with the added security of an included photo registry of assets I have more than enough information to provide to the ATO should I be targeted for a tax audit. The depreciation report experience was completely straightforward and painless even though it was performed whilst I was interstate and as such I have no hesitation in using or recommending Paul’s services for any depreciation requirements in the future.

I am pleased to confirm that I have been engaging the services of Paul Palella and his Company for over 8 years predominantly for the preparation of Tax Depreciation Schedules and plant and equipment appraisals.

The service has always been conducted in an extremely professional manner. His depreciation reports are continuously steadfast, a testament to the amount of effort that Paul and the team put in.

I am happy to advise that the tax depreciation reports prepared by Property Wealth Australia Pty Ltd have passed Australian Taxation Office scrutiny, a reflection of the comprehensive reporting and sound valuation principles adopted by the firm.

I have absolutely no hesitation in recommending any of the services offered at Property Wealth.

I have recently moved to Brisbane and have just purchased a new unit. I needed a quantity surveyor to complete a schedule for me that was comprehensive and easy to read. I contacted Property Wealth Australia Pty Ltd and spoke with Paul who promptly attended my residence within one week for his assessment. Within weeks I was provided with an in-depth depreciation schedule that was presented extremely professionally and easy to read. For peace of mind I also opted to have my unit and furnishings photographed. These photos are easily accessible on a CD that sits neatly at the rear of my schedule. I was very happy with all communications I have had with this company and have no hesitations in recommending this company to anyone who requires a professional depreciation schedule for tax or insurance purposes.

Dear Paul,

I wish to thank you for your advice and professional services in the assessment of my 2 investment properties. I never realized the amount of depreciation that could be amassed by such a thorough report, and what impact this has meant to my personal taxation position.

I am sure that many people still go about their taxation preparation in the old way without taking professional advice, and end up with much less than they really should. Your report was a real eye opener to me, and I have passed on the information that you recently sent me to my entire sales team.

I have a staff of 18 they are now better informed about the advantages of investment property ownership and the benefits of being better prepared. I have shown your report to my accountant and he agreed that it was a well prepared and researched document that will be invaluable for me.

You have an exceptional service ethic, and have been a pleasant person to deal with. I value relationship building in the service environment, and have been impressed with your personal attitude and attention to detail even when I was not so well organised myself.

I will recommend you to whoever I speak to about such matters. Thanks again for your service.

We confirm that we have been using the services of the above named for the preparation of Depreciation Schedules and Building Cost calculations for over 3 years.

Paul has always provided accurate and well-detailed presentations in accordance with the requirements of the Australian Taxation Office. We have been pleased with the work performed by Paul and would have no hesitation in recommending his services.

I have known Paul Palella for seven years. In that time, my practice has recommended numerous clients to him to prepare tax depreciation schedules.

We have found the quality of his schedules to be very good. They are reliable and comply with Income Tax legislation.

We have found Paul to be reliable and very good to deal with and do not hesitate recommending him. Please call my office if you require further details.