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.
Opinion piece – Dan Sowden | Ray White Maroochydore Principal & Chief Auctioneer As they say, “Patience is a virtue” and there is no exception when it comes to selling your home. And while it’s no secret the current strength of the market means homes are selling faster than we … Read more
67 Mount Eerwah Road, Eerwah Vale Sold by Natalie Tink for $950,000 on 29 January 2021 When agent Natalie Tink listed the eclectic rural property at 67 Mount Eerwah Road, Eerwah Vale, she knew the interest would be high, what she didn’t realise was just how high and how … Read more