Author: BMT Tax Depreciation

Split reports help accelerate deductions An increase in BMT Tax Depreciation Schedules for more than one owner suggests co-ownership is becoming an increasingly popular trend. Owning a property with others can provide improved purchasing power. This can be particularly useful in capital cities where it can be difficult...

What may commercial properties be hiding from tenants? Property depreciation is mostly claimed by the owner of an income-producing property. It is for this reason that many commercial tenants often miss out on the hidden cash available to them through depreciation. Commercial tenants can claim depreciation deductions...

Many Australians have looked to leverage the value of their own backyard by getting approval to build a granny flat for rental purposes. Apart from the obvious improvement in return and increased value, there could be some sizable tax considerations as well, according to Brad...

One question often asked by investors who are considering purchasing an existing second-hand property is whether or not they can claim deductions for work that has been completed to the property by a previous owner. The rules have always been complicated for investors and for this reason...

Treasury Laws Amendment (Housing Tax Integrity) Bill 2017 was introduced into parliament on the 7th of September 2017 and included legislation changes which will negatively affect residential property investors across Australia. Announced in the 2017 Federal Budget, the amendment denies tax deductions for the decline in...

Data collected by BMT Tax Depreciation, Australia’s leading tax depreciation specialist, indicates that in the 2016-2017 financial year there was a 22 per cent growth in the number of schedules requested for granny flats nationwide. Of the states Queensland, Western Australia and New South Wales saw...

  We often discuss the benefits of obtaining a depreciation schedule once an investment property has been purchased, but are there any advantages to discovering what deductions can be claimed before you buy? How can investors discover the depreciation potential of a property without obtaining a...

Investors to benefit from demand for distribution sheds and warehouses If you’ve ever bought something online, you probably haven’t put much thought into the detailed process from purchase to delivery. With the rise of online retailers such as Amazon, this process has become very systematic and sophisticated...

Our system to maximise your claim Closed circuit television systems, garden watering systems, intercom systems and solar powered generating system assets are all assets which are often missed by property investors when claiming depreciation. These and other missed assets such as door closers, freestanding bathroom accessories, garbage...

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