This example shows that even when an investor has only owned and rented a property for a few weeks of the financial year, the deductions claimed from depreciation can still make a significant difference for the investor.
"Your dream home might not have the postcode you imagine, but it might have an extra bedroom, larger garden or newer kitchen and a higher value or rental yield further down the track."
If stamp duties are abolished the forgone revenue will need to be replaced by a higher GST, as advocated by REIA, or by a land tax which was advocated by the Henry Review.