This is our supreme product and is for any commercial property. The benefits of claiming depreciation correctly on commercial property are immense and many owners mistakenly do very little to maximise their depreciation claim. This can lead to tens, or hundreds, of thousands of dollars in missed cashflow benefit.
If you own commercial property and you are not maximising your depreciation you really need to research this further. To maximise your depreciation you should complete a depreciation apportionment report which separates your purchase price into the relevant IRD depreciation categories. In the past very few have done this as often the depreciation on the building alone created substantial benefit. With the introduction of the Purchase Price Allocation (PPA) requirement, this has become a must for any savy commercial property investor.