Proof Investors are not the driving force behind property price hikes

A study conducted by BMT Tax Depreciation, Australia’s leading supplier of tax depreciation schedules, has revealed that the average Australian investment property value is well below the average value of all national dwellings reported by the Australian Bureau of Statistics. BMT, who have prepared almost 800,000 depreciation schedules for investment properties, looked at the average purchase price of properties for which it prepared tax depreciation … Continue reading Proof Investors are not the driving force behind property price hikes

Analysis finds 66% of investment properties have one thing in common

A study carried out by the country’s leading tax depreciation specialist has found that investment property renovation is widespread, proving that many older rental properties still hold significant depreciation tax deductions. The analysis, conducted by BMT Tax Depreciation, examined over one hundred thousand investment properties over three years which BMT prepared depreciation schedules for, and found that two-thirds of the second-hand properties had undergone some … Continue reading Analysis finds 66% of investment properties have one thing in common

The Tax Deduction Set To Draw Investors To The Block Auctions

An astounding amount of depreciation deductions have been identified on The Block 2021 according to the show’s Executive Producer, Julian Cress. BMT Tax Depreciation was asked to estimate the depreciation deductions available on this season’s properties and found the total maximum deductions to range between $3,091,000 and $3,610,000 per property, with the highest found in Kirsty and Jesse’s House 5. Depreciation, the natural wear and … Continue reading The Tax Deduction Set To Draw Investors To The Block Auctions

Property Investors Risk ATO Scrutiny with this mistake

BMT Tax Depreciation has issued a critical reminder to property investors lodging their tax returns in the coming months: any rental property improvements made last financial year must be captured in an updated tax depreciation schedule or risk making inaccurate claims. Investors who have renovated and who fail to update their tax depreciation schedule before lodging their tax return risk both being out-of-pocket and facing … Continue reading Property Investors Risk ATO Scrutiny with this mistake

Property Investors Shave Thousands Off Tax Bill With One Simple Trick

BMT Tax Depreciation says investment property owners can find thousands of dollars worth of extra tax deductions this financial year with one simple tax planning trick: pre-paying property-related expenses before 30 June. “A pre-paid expense is a payment you make this financial year for something that provides a service the following financial year,” explained BMT Chief Executive Officer and experienced property investor, Bradley Beer. Mr. … Continue reading Property Investors Shave Thousands Off Tax Bill With One Simple Trick

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Partial year depreciation deductions can provide thousands in cash flow

We know that claiming depreciation deductions is one of the best ways to get the best return from your investment property. Despite this, BMT Tax Depreciation sees investors failing to claim lucrative partial year deductions each financial year. Partial year depreciation deductions can boost cash by thousands in just a few months. So why are investors missing out? What are partial year depreciation deductions? Partial … Continue reading Partial year depreciation deductions can provide thousands in cash flow

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BMT Tax Depreciation

How to Accurately Claim the most from your Investment Claiming the most back from your investment property is key to your success and long-term investment strategy. However, it is just as important to ensure that you are claiming everything correctly.  One of the biggest mistake’s investors make when boosting their property’s cash flow is confusing expenses and capital improvements. This error can see you claiming … Continue reading BMT Tax Depreciation

Federal Budget Announcement Allows Businesses to Back-claim for Future Losses

BMT Tax Depreciation welcomes the Government’s decision to allow businesses with an aggregated turnover of less than $5 billion to apply tax losses against taxed profits in a previous financial year, generating a refundable tax offset in the year in which the loss is made. The initiative, announced in last night’s Federal Budget, allows eligible businesses to carry-back tax losses from the 2019/20, 2020/21, or 2021/22-income years … Continue reading Federal Budget Announcement Allows Businesses to Back-claim for Future Losses

VIDEO – Depreciation tips this tax time – Brad Beer

Statistics from the Australian Taxation Office (ATO) say that residential property investors claimed a total average depreciation deduction of $3,748 during the 2016-2017 financial year. Many property investors are missing out on significant deductions that can improve their cash flows. Are you one of them? Given the differing advice available to investors, it can be confusing to maximise your tax claims. We’ve invited BMT CEO … Continue reading VIDEO – Depreciation tips this tax time – Brad Beer

BMT’s top tax time tips for property investors

With tax time fast approaching, here are five tax time tips to ensure you maximise the deductions for your investment property.   Understand what deductions you’re entitled to As a property investor, you’re entitled to a range of tax deductions. These will help lower your taxable income and make owning an investment property more viable. For example, some of the tax deductions available to investors … Continue reading BMT’s top tax time tips for property investors