With tax time fast approaching, here are five tax time tips to ensure you maximise the deductions for your investment property. Understand what...
BMT Tax Depreciation specialise in maximising depreciation deductions for property investors Australia-wide.
The Australian Taxation Office allows investment property owners to claim a deduction related to the building and the ‘plant and equipment’ items contained within it. Depreciation can be claimed by any owner of an income producing property. This deduction essentially reduces taxable income for investors – they pay less tax. Every investment property should have a tax deprecation schedule completed to unlock its cash flow potential. Property owners could be saving thousands of dollars every year. BMT is the Accountants preferred tax depreciation specialist.
Brad has over sixteen years experience in the property depreciation, building and construction industry. He commenced employment with BMT in 1998, becoming a Director of the company in 2002 and Managing Director in 2012. As a result he has substantial knowledge and specialist experience in property tax depreciation and construction cost consulting. Brad is actively involved in educating property investors and property related organisations about the importance of tax depreciation. He is a regular keynote speaker and presenter covering property depreciation services on television, radio, at conferences and exhibitions Australia-wide.