Our property was almost cash flow positive and a depreciation schedule tipped it over the edge.
"After purchasing our property mid 2000, we completed a quick $13,000 rejuvenation and brought in Depreciator to do a Tax Depreciation Schedule. Our property was almost cash flow positive and a depreciation schedule tipped it over the edge. We were amazed at how much we were able to claim - $8,457.00 in the first year using the Diminishing Value Method. The schedule included $11,000.00 of Low Value Pool items, one of which was an allowance for the front door mats - now, that's what I call being thorough. And being thorough is what this company and its staff are all about. We found Depreciator very pleasant and professional to deal with and have since recommended them to several colleagues and friends who want to start investing in property themselves."