Posts Tagged ‘tax’

MAXIMISE YOUR CASH RETURN WITH TAX DEPRECIATION

  It’s time to unlock the cash flow to your investment property and claim more at tax time! Owners of investment properties are eligible to claim tax deductions for their properties and most investors are aware of the deductions they are entitled to. However, many are unaware of property depreciation which means they could be missing out on hundreds or even thousands in returns! To help ensure you maximise your deductions, here is everything you need to know on Tax Depreciation from BMT.   What is Tax Depreciation? As a property gets older and items within it wear out and depreciate in value. Legislation allows owners of income producing properties to claim on this wear and tear and it is called Tax Depreciation. Unlike other expenses involved in holding a… Read More »