Property Tax Depreciation
As many as 80 per cent of property investors miss out on the benefits available to them by claiming property depreciation on their tax return and are missing out on significant cash returns as a result.
The Australian Taxation Office (ATO) allows property investors and commercial property owners to claim tax deductions related to the natural wear and tear of a structure and the items contained within the property. This is called depreciation.
Ray White Property Management Lake Macquarie is committed to helping their clients achieve their cash flow potential by maximising the deductions available through property depreciation. In order to claim the maximum possible depreciation deductions, a tax depreciation schedule is needed to substantiate deductions in a tax return.
Ray White Property Management Lake Macquarie have a relationship with BMT Tax Depreciation, Australia’s most trusted property depreciation specialists to help improve our property investors’ returns. A BMT Tax Depreciation Schedule covers all deductions available over the lifetime of a property.
BMT specialises in maximising depreciation deductions for property investors Australia-wide. By requesting a BMT Tax Depreciation Schedule, you can boost your cash flow position and save thousands of dollars every year. A BMT schedule lasts forty years, has a one-off fee and is 100 per cent tax-deductible.