BMT Tax Depreciation are Australia’s leading depreciation specialists, helping property investors Australia-wide to claim maximum property depreciation deductions. With end of financial year looming, if you are an investor now is the time to consider how this tool may help you pay less tax this financial year.
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 property to claim this depreciation as a decline in value tax deduction. A tax depreciation schedule is required to maximise the depreciation claims available and to substantiate these claims in a tax return.
44 Saint Quentin Avenue, Maroochydore Sold by Sarah-Louise Anderson for $685,000 Modern, architecturally-designed homes, close to everything in a master-planned community built with family in mind, it’s no wonder the lifestyle at Sunshine Cove is so appealing to buyers. Located in the heart of Maroochydore, the popular residential estate offers … Read more
22 Hulme Street, Palmview Sold for $630,000 by Natalie Tink It’s not every day you get to be part of a project that’s makes a real difference to the lives of Sunshine Coast children. Agent Natalie Tink says the recent sale of 22 Hulme Street, Palmview was something Ray White … Read more