Friday, September 07, 2012

Everything you need to know about Tax Depreciation.

Landlords are you aware of the tax benefits that are associated with your investment property?
“As a building gets older and items within it wear out, they depreciate in value. The ATO allows property investors to claim a rental & investment property depreciation deduction related to the building and plant and equipment items contained within it. It can be claimed by any owner of an income producing property. This deduction essentially reduces the investment property owner's taxable income – they pay less tax!” (BMT Tax Depreciation, 2012)
On Toop TV this week you can see a comprehensive talk with Ryan Martin from BMT Tax Depreciation covering tax depreciation for investment properties including what it is, the benefits and much more.
If you have an investment property then why not get the most out of it? Click the link below to see the full Toop TV interview and jump on the BMT tax depreciation website at to find out more and have one of the experts survey your investment property today.

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