End of the Year Tax Depreciation
Many Property investors are unaware of the tax deductions available to them through depreciation
The Chief Exectutive Officer of BMT Tax Depreciation - Bradley Beer says "research shows that 80%of property investors are failing to take advantage of property depreciation and are missing out ont he thousands of dollars in their pockets"
Depreciation is often missed because it is a non-cash deduction - meaning that investors do not need to spend money to claim it
To Maximise cash flow, investors should engage a specialised Quantity Surveyour to complete a tax depreciateion schedule.. The fee for the schedule is 100% tax deductable AND if the schedule is ORDERED by June 30 the fee can be claimed straight back. Rather than waiting 12 months to claim include it in this years Tax