BMT-1920x1280 cropped

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

BMT-1920x1280 cropped

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

Common property depreciation explained

Shared assets in strata title lucrative for investors A strata title is used when individuals own part of a property usually called a ‘lot’. This is generally an apartment, unit or townhouse complex which shares ownership of common property including driveways, foyers and gardens. The ownerships are combined through a legal entity called the owners corporation, commonly referred to as a body corporate. Strata title … Continue reading Common property depreciation explained

What is a Quantity Surveyor?

A Quantity Surveyor is a professional who specialises in estimating the value of construction costs and other assets. Quantity Surveyors may get involved at various stages: prior to construction, during construction and post-construction. We use our skills to determine the cost of building works and fit-out, whether we’re looking at a residential property or any of the structures and assets within the vast spectrum of … Continue reading What is a Quantity Surveyor?

Help investors save $82 per week

Encourage them to claim depreciation deductions Owners of income-producing properties are eligible for significant taxation benefits and yet some of the perks continue to fly under the radar. Research shows 80 per cent of property investors are failing to take full advantage of property depreciation and are missing out on thousands of dollars in their pockets. On average, property investors can claim between $5,000 and … Continue reading Help investors save $82 per week

Invest smarter with a BMT Tax Depreciation Schedule

BMT Tax Depreciation specialises in maximising depreciation deductions for investment property owners Australia-wide. Every investment property should have a tax depreciation schedule completed for it. By unlocking the cash flow potential in an investment property, owners can save thousands of dollars every year in their tax return. BMT work with Accountants, property professionals and investors to ensure investment property owners are maximising depreciation deductions and … Continue reading Invest smarter with a BMT Tax Depreciation Schedule

Five interesting facts about your specialist Quantity Surveyor

Most first-time property investors soon discover that they need a tax depreciation schedule and require a Quantity Surveyor to supply one. But what is a Quantity Surveyor and how do we come up with your depreciation deductions? Usually Accountants or property professionals like a Real Estate Agent or Property Manager will introduce property investors to a Quantity Surveyor. While the referrer will explain that a … Continue reading Five interesting facts about your specialist Quantity Surveyor