Claim property depreciation deductions and get more cash back from the ATO

By Lisa Kalucy

80% of property investors and commercial property owners are missing out of thousands of dollars in depreciation deductions from their properties. Become part of the 20% who are putting more money back in their pocket.

What is Tax Depreciation?

As a building gets older, items wear out – they depreciate. The Australian Taxation Office (ATO) allows property owners to claim a deduction related to the building and plant & equipment items contained within it. Depreciation can be claimed by any owner of a rental or commercial property. This deduction essentially reduces the property owner’s taxable income – you pay less tax!

Depreciation Facts:

> Pay less tax. BMT Tax Depreciation find, on average, between $5,000 and $10,000 in
deductions in the first full year claim.

> BMT will work with any property investors’ Accountant and Property Manager to
complement their services and help save you money.

> Your investment property does not have to be new to claim depreciation.
Older properties also attract substantial deductions. It is worth making an inquiry
regarding any investment property.

> You can adjust previous tax returns. If you have not been claiming or maximising
your entitlements, the previous two financial year claims can usually be amended.

> 100% tax deductible fee. The fee to organise a tax depreciation schedule with
BMT Tax Depreciation can be claimed in full in your annual tax return.

> BMT Tax Depreciation guarantees to find double their fee worth in deductions in the

         first full financial year or their will be no charge for their services.

BMT Tax Depreciation are the industry leader in providing tax depreciation schedules for the purpose of property tax depreciation. By engaging their services, investors are guaranteed to obtain the maximum legitimate deductions from their property.

Up to Date

Latest News

  • Property management: DIY or professional?

    Many landlords have asked themselves at one time or another if they would be better off self-managing their investment property. It’s a question that’s especially likely to have come up for consideration if a landlord has had a negative experience with a supposedly professional property manager who failed to deliver … Read more

    Read Full Post

  • Investment Property: Capital Gains Versus Rental Yields

    Ensuring that you’re financially secure for the future is one of the main reasons people put money towards their retirement. After all, you want to be able to reap the rewards of all your hard work by spending your golden years in pure bliss. While most people will be working … Read more

    Read Full Post