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...
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...
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 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....
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...
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...
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...
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...
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...