Ever wondered if you can claim depreciation on overseas property?
No matter where your investment property is, you can claim depreciation on it as long as you’re an Australian taxpayer. Over the years, we’ve completed depreciation schedules for Australian investors with properties in New Zealand, Europe, Asia, and the US. So in answer to the question, can you claim depreciation on overseas property? The simple answer is yes you can. And that’s where getting a professionally prepared depreciation schedule by Washington Brown will reduce your taxable income as a property investor.