Depreciator Pty Ltd. - Quantity Surveyors
Quantity Surveyors are what experienced property investors think of when they need Tax Depreciation Schedules. That’s why some people call a Tax Depreciation Schedule a ‘quantity surveyor report’. As the name suggests, Quantity Surveyors are people who look at ‘quantities’. When a property investor has a set of plans for a yet to be constructed building, a Quantity Surveyor can estimate what the construction cost of that investment property based on the quantities of various materials. What Quantity Surveyors can also do is estimate what an already constructed building cost to build when it was built. And this is often the starting point for a Depreciation Schedule. Quantity Surveyors are university trained – they usually have a degree in Construction Management. The ATO recognises that Quantity Surveyors are the most qualified professionals to produce Tax Depreciation Schedules for Investment Properties. http://www.depreciator.com.au/quantity-surveyor.html