The Australian Taxation Office (ATO) allows the owner of any income producing property to claim depreciation deductions for the wear and tear of the building structure and the plant and equipment assets contained within the property.
On average, property investors can claim between $5,000 and $10,000 in deductions in their first full financial year. This is no small amount, especially for an investor who is juggling the costs of mortgage repayments, rates, repairs and property management fee’s as well as other expenses related to holding the property.
For a limited time, BMT Tax Depreciation is offering your investor clients even more to help them save. The BMT Tax Depreciation Education Letter offers investor clients a reduced fee of $697 including GST if they order a tax depreciation schedule prior to June 30. In addition to this discount, your clients will receive a free six month subscription to a magazine of their choice.
Property Managers can click here to order copies of the BMT Tax Depreciation Education Letter for their clients.
