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.
An investor’s dream was realised when the strata titled duplex property at 1&2/3 Minya St Buddina sold under the hammer for $1,365,000. Sold by Sunshine Coast real estate agent John Bartsch from Ray White Maroochydore, this property was not only popular for its prime location, but for the strong value … Read more
The Sunshine Coast’s premium apartment living has never been in such high demand! With high-end boutique Sunshine Coast apartments coming out of Maroochydore, a new generation of inner city buyers are in search of spacious, luxury, seaside apartments. The sale of boutique 19 unit apartment block Essence at 103/13-15 The … Read more