It’s Time to Think About Your Tax Depreciation Schedule
If you are anything like me, it is a busy time due to it nearly being the end of the financial year which is why, if you’ve got investment properties, it’s timely to thinking about your property depreciation schedule.
Do you have a tax depreciation schedule for your investment property?
Not everyone thinks about this, and because we want you to get the most from your investment property, we’ve partnered with BMT Tax Depreciation. If you’d like me to send you a flyer that outlines the services BMT offer, please contact me and I can email one out.
BMT have let us know that on average, they find almost $9,000 of deductions in the first full financial year. In addition to this their one-off scheduled fee is 100% tax-deductible and lasts the lifetime of the property, and it’s never too late to claim depreciation and their schedule allows you to claim back missed dollars by adjusting previous tax returns.