BMT

The end of the financial year has arrived, so it’s time to get your tax depreciation schedule organized.  BMT Tax Depreciation would like to remind property investors of the benefits of ordering and paying for a depreciation schedule before 30 June.   What is property depreciation? Depreciation is the natural wear and tear of...

Depreciation is the natural wear and tear that occurs to a building and the assets within it over time.  The Australian Taxation Office (ATO) allows owners of income-producing properties to claim this depreciation as a tax deduction.  Property depreciation can be quite technical, but luckily BMT Tax Depreciation is here to...

9 things quality tenants want in a rental property  Quality tenants are not always easy to come by. Because taste is so subjective, there is a small chance that every potential tenant will want to live in your rental property.  However, there are certain things that all tenants will be looking for....

Are you ready to take a step onto the property ladder this year? Are you trying to grow your portfolio? Understanding how to strategically search for investment properties is the most important element of being a successful property owner. Here are BMT’s tips for finding the perfect investment property in...

The media is filled with news stories covering just how hard it is to enter the property market. While many people want the ‘perfect home’ as their first property, some are opting for a more affordable option as they work towards owning their dream home. It’s called rentvesting.  What is rentvesting...

BMT Tax Depreciation has been helping property investors claim thousands of dollars in depreciation deductions for decades. A look into the schedules they have completed in the last three years has revealed an interesting statistic: 66% of these investment properties have undergone a renovation or an addition. What does this 66...

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 end of each financial year serves as a good reminder for ensuring an investment property portfolio and strategy is performing to its full potential.  BMT Tax Depreciation is Australia’s leading supplier of tax depreciation schedules and has a team of experienced property investors on board. Here are their four key...

With June 30 right around the corner, it’s important that investors understand how depreciation works for their property.  Depreciation applies to all properties, regardless of their age. Far too many people rule out depreciation on older, second-hand properties when they shouldn’t – and here’s why.  Depreciation works for all property types Property depreciation...