Theo Mavratzakis and Daniel Farugia first crossed paths at the age of 12, in a state far sunnier than their current Head Office location in Melbourne. Their story began in Newcastle, where Daniel had just moved and joined Theo’s school. According to Daniel, their friendship took root on the soccer field and it was his skill and determination that impressed Theo so much that he knew immediately he had found a friend for life. Theo, however, recalls it differently, for him, it was Daniel’s energy, focus, and collaborative nature that made him a friend for life. Regardless of which version you hear, and despite the pair being complete opposites, the bond between the two was immediate and enduring.
Feature Cover Jan/Feb 2026
That childhood connection laid the foundation for a partnership that would last decades. From school and university projects to their early professional careers, Theo and Daniel developed a friendship built on trust, complementary skills, and shared ambition. That partnership ultimately evolved into TDA Tax Depreciation, a company that has become one of Australia’s leading specialists in property tax depreciation. Their long-standing relationship continues to shape TDA’s culture, embedding trust, professionalism, and a commitment to excellence in every aspect of the business.
TDA’s focus has been on providing high-quality, ATO-compliant tax depreciation reports for residential and commercial properties. Seeing the growing national demand for expert services, Daniel and Theo launched the franchise model in 2025 to empower property-focused professionals to build their own businesses under a trusted, expert-led brand. Today, TDA franchisees operate across metropolitan and regional territories throughout Australia, delivering services that help investors maximise returns, reduce tax liabilities, and confidently navigate complex ATO regulations.
Both founders bring extensive industry expertise. Daniel Farugia, a Registered Tax Agent and Certified Quantity Surveyor (AIQS), has over 20 years of experience in construction, property, and taxation. He holds an Honours degree in Construction Management and has mentored university students while leading major projects nationwide. Daniel is recognised for his leadership, work ethic, and ability to deliver results.
Theo Mavratzakis, also a Registered Tax Agent and Certified Quantity Surveyor (AIQS), has spent more than 20 years helping clients optimise returns and reduce tax liabilities across diverse investment properties. A frequent speaker at property expos and industry conferences, Theo is known for his meticulous attention to detail, client-focused approach, and ability to create strategies that meet individual investment goals.
If you are someone who is interested in opening a TDA Franchise, the process has never been simpler.
Joining TDA is designed to be a structured, supportive, and streamlined endeavor that prepares franchisees for success from day one. The journey begins with an initial inquiry, followed by a detailed discussion with the head office team to assess the candidate’s fit, skills, and ambition.
We are not in the business of setting people up for failure so the team works effortlessly to kickstart the entire process. Prospective franchisees are guided through a comprehensive discovery process, including:
- In-depth training: Technical and operational training covering tax depreciation schedules, client management, reporting systems, and compliance.
- Business setup support: Assistance with setup, technology integration, and branding to ensure franchisees are operationally ready.
- Marketing and lead generation: National campaigns, pre-qualified leads, and digital assets to help attract clients from day one.
- Ongoing mentoring: One-on-one coaching, regular check-ins, and access to senior specialists for technical or business advice.
- Continuous professional development: Updates on ATO changes, new construction methods, and best-practice reporting techniques.
Franchisees also benefit from centralised reporting systems that streamline workflow and compliance, allowing them to focus on client relationships and business growth.
TDA franchisees are drawn to TDA’s premium, professional service model, where the support infrastructure allows them to focus on growth while maintaining high standards.
Looking to the future, TDA is investing in upgraded CRM and workflow systems, enhanced digital inspection tools, and expanded training programs. Within five years, the company aims to become Australia’s largest and most trusted property services franchise network, represented in every major metro and strategic regional zone, and recognised as the preferred partner for brokers, accountants, and property investors nationwide.
For professionals exploring franchise opportunities, Daniel and Theo offer practical guidance:
- Choose a service in demand: Look for industries that provide consistent, year-round need, rather than seasonal trends.
- Assess your skills and fit: Successful franchisees often combine self-motivation, strong relationship skills, and a passion for the industry.
- Research the support structure: A good franchise provides training, marketing, ongoing mentoring, and systems to help you succeed.
- Understand the financial model: Be clear on startup costs, fees, and expected return on investment. A transparent, proven model reduces risk.
- Think long term: Look for a franchise with growth potential and room to expand, not just short-term opportunities.
- Leverage the brand and network: A strong national brand, backed by experienced leadership, can help you grow faster and more effectively.
The story of Daniel and Theo from 12-year-old friends on a Newcastle soccer field to co-founders of a nationally recognised property services franchise reflects the values that define TDA: trust, dedication, and expertise.
For professionals looking to grow a business in the property sector, TDA Tax Depreciation offers more than a franchise, it provides a proven business model, extensive support, and the opportunity to build a sustainable, rewarding career under the guidance of founders whose lifelong partnership has shaped every success of the company.
