As interest rates hit record lows, auction clearance rates surge and capital growth expectations peak, it appears to be a good time for property investors. Even if you already have skin in the game, the next step in your property investment journey is just as important as the first. If you’re...
Housing values are rising, and more people are buying to take advantage of current government stimulus incentives. This is making it harder to buy property in some areas, leading investors to look for more affordable ways to enter the market or grow their portfolios. Owning an investment property with someone else...
The season for renovation is upon us and making improvements to your investment property could be on your agenda. Renovated investment properties can attract higher rental yields and better-quality tenants. But you can also use it to your advantage when it comes to maximising your returns. BMT Tax Depreciation is Australia’s leading...
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 see investors failing to claim lucrative partial year deductions each financial year. Partial year depreciation deductions can boost cash by thousands in just a few...
There are many reasons why investors miss out on claiming property depreciation. Sometimes they believe their property is too old, or they don’t think depreciation is available if the property was only leased during part of the year. A new trend that BMT Tax Depreciation has uncovered is that investors...
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,...
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...
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...
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...