BMT Tax Depreciation

Just because June 30 has been and gone, property investors don’t need to wait another financial year to get a tax depreciation schedule. Even if a schedule is ordered after the end of a financial year (FY), depreciation can still be back-claimed. 

June 30 is just around the corner and time is running out for property investors to do all they can to reduce the tax they pay at lodgement time. 

BMT Tax Depreciation look at how to get into the property investment market by building from scratch.

BMT Tax Depreciation recently analysed their investor database and were surprised to find that a great deal of property investors overlook depreciation, a particularly lucrative tax deduction.

BMT Tax Depreciation has shared some pros and cons to consider when deciding if you should purchase a second-hand investment property. 

BMT Tax Depreciation has found more than $14 million dollars in total estimated depreciation tax deductions on The Block 2020.

Depreciation saves investors thousands of dollars each and every year. It’s the only non-cash deduction available, meaning they never need to spend anything to claim it.