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Depreciate And Appreciate

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Investors Who Own Income Producing Properties Are Eligible For Significant Taxation Benefits

Research shows that 80 per cent of property investors are failing to take full advantage of property depreciation and are therefore missing out on thousands of dollars in their pockets. One of the reasons depreciation often gets missed is because it is a non-cash deduction – the investor does not need to spend money to claim it.


What Is Depreciation?

As a building gets older, items wear out – they depreciate. The Australian Taxation Office (ATO) allows property owners to claim this depreciation as a deduction. Depreciation can be obtained by any property owner who obtains income from their property.


Depreciation facts:


The Fee For A Depreciation Schedule Is 100% Tax Deductible

Obtaining a depreciation schedule that maximises deductions may result in an investment property returning a positive income.

Quantity Surveyors are qualified under tax legislation ruling TR97/25 to estimate construction costs for depreciation purposes and are one of select few professionals who specialise in providing depreciation schedules. It is recommended to speak with a depreciation specialist to ask them to prepare a depreciation schedule for your property.

BMT Tax Depreciation specialise in tax depreciation deductions for property investors Australia-wide.


Article provided by BMT Tax Depreciation.

Bradley Beer (B. Con. Mgt, AAIQS, MRICS) is the Chief Executive Officer of BMT Tax Depreciation.

Bradley joined BMT in 1998 and as such he has substantial knowledge about property investment supported by expertise in property depreciation and the construction industry. Bradley is a regular keynote speaker and presenter covering depreciation services on television, radio, at conferences and exhibitions Australia-wide.

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