Get Invested With Bushy Martin
Get Invested: Mike Mortlock on appreciating depreciation as the secret to affordability
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 1:42:13
- More information
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Synopsis
How can investors hold on to properties through a full lifecycle and beyond, without burning a massive hole in their pockets and a big cost to lifestyle? A major contributor to ongoing affordability is depreciation. Tax depreciation is a tax deduction claimed for the natural wear and tear of an income-producing building over time. And it’s generally the second biggest tax deduction for property investors, after loan interest. Joining the show to talk about this is Mike Mortlock, an industry leader in tax depreciation and managing director of MCG Quantity Surveyors, Australia’s fastest growing QS firm and one of Australia’s top 100 fastest growing companies. As you’ll hear during today’s lively and entertaining discussion, Mike has worked as an expert depreciation consultant for a number of major companies over the years including McDonald’s, Canberra Airport, Hilton Hotels, Stockland and many more. He has helped thousands of residential and commercial property investors maximise their tax depreciation deduct