The $2.88 Billion Tax Secret: Are You Missing Out on Property Depreciation? With Mike Mortlock
Description
Today, I sit down with Mike Mortlock to uncover the $2.88 billion tax secret many investors are missing — depreciation. Why so many property owners leave money on the table, when to order a depreciation schedule, and how you can even amend past returns to claim back missed deductions.
We also bust the big myth: do you really have to pay it all back when you sell? Mike explains how depreciation and capital gains tax actually work together, and how depreciation boosts your cash flow right when you need it most.
Plus, we explore where investors are buying now, why affordable markets like Perth is booming, and how investor behaviour has shifted with better data and buyers’ agents.
Want to know where the smart money is moving? Let’s go inside.
Resource Links:
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- For more info on how our Property Sales services can ensure you get the best selling price while handling all the stress for you (https://www.investorsedge.com.au/selling-your-perth-property/)
Episode Highlights:
- Intro [00:00 ]
- Understanding Tax Depreciation and Its Benefits [00:45 ]
- Negative Gearing and Government Losses [04:58 ]
- Depreciation and Asset Value Maintenance [07:31 ]
- Impact of Depreciation on Cash Flow and Long-Term Value [13:19 ]
- Market Insights and Investor Behavior [15:05 ]
- Affordable Markets and Investor Strategies [25:37 ]
- Construction Costs and Labor Shortages [32:12 ]
- Triggers for Investing in Depreciation Schedules [39:07 ]
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About the Guest:
Mike Mortlock is the Managing Director and co-founder of MCG Quantity Surveyors, a leading Australian firm specializing in tax depreciation and construction cost estimating. He is recognized as an industry leader with extensive experience helping property investors maximize cash flow through expert depreciation schedules. Mike is also a respected property commentator and podcaster, known for his dedication to investor education and his contributions to shaping industry standards. His leadership has helped MCG become one of Australia’s fastest-growing quantity surveying firms.
Connect with Mike:
- LinkedIn: https://www.linkedin.com/in/mortlockmike
- Instagram: https://www.instagram.com/mike.mortlock/?hl=en
- Facebook: https://www.facebook.com/mike.mortlock.3/
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