With June the 30th looming ever closer, it’s time to give tax some serious thought. Your priority as a property investor is to maximise your investment, and one of the best ways of doing this is to ensure that you have a depreciation schedule drawn up by experts like the team at BMT.
What is a depreciation schedule?
A depreciation schedule is a comprehensive report that outlines the depreciation deductions claimable on your investment property. This covers the building structure (if applicable) and the fixtures and fittings within it. A depreciation schedule, prepared by BMT, is one of the best ways to maximise the cash return from your investment property each financial year.
What are the benefits of a depreciation schedule prepared by BMT?
- You will claim an average of $5000 to $10 000 in deductions on old or new properties in the first full financial year.
- You can adjust your previous two tax returns if you have not been claiming or maximising your property depreciation entitlements.
- You will enjoy peace of mind knowing BMT make a guarantee of double their fee in deductions in the first full financial year – or they don’t charge.
- The BMT fee is 100% tax deductible.
Rentwest has partnered with BMT this year and we’re pleased to offer our owners a residential depreciation schedule prepared by BMT at a special discounted rate of $715 per schedule. If you book yours before June 30 you also get a FREE 6 month magazine subscription as an extra special bonus.
Keen to take up this special offer? Find out more.