Many investment property owners remain unaware of the benefits that tax depreciation provides. There are usually thousands of dollars to be claimed in depreciation deductions on any investment property. Generally the newer the property, the more deductions there are to be claimed. However, older properties still contain deductions and are worth enquiring about. Deductions can be claimed on both the building structure and the plant and equipment items contained within it.
BMT and Associates Quantity Surveyors has developed specialist assessment systems to ensure the maximum number of depreciable assets are identified to increase your deductions. With offices Australia wide, every Australian investor can claim and maximise depreciation deductions with the help of BMT and Associates.
To see what deductions you may be entitled to try our tax depreciation calculator here: