One question investors often ask about claiming depreciation on a rental property is ‘how will these claims affect Capital Gains Tax (CGT) when the property is sold?’ CGT can be a complex topic for investors to understand, particularly as the answer to the above question can really depend on the scenario of the individual property investor...
There’s more cash up for grabs than the prize This afternoon, like everyone else in Australia, BMT will be holding its breath when the winner of the 2014 Melbourne Cup is announced...
Deductions don’t stop at your doorstep We always laugh when we hear stories of people who stick their money in a pickle jar and bury it in their backyard rather than leave it with a bank...
In case you didn’t tune in to watch Wednesday’s episode of The Block Glasshouse: ‘Terraces Take Shape’, here’s a quick recap as BMT Tax Depreciation’s Managing Director took a trip to help explain the deductions an investor purchaser could claim for Darren and Dee’s apartment...
Over the last three years, BMT Tax Depreciation has had the opportunity to prepare the tax depreciation estimates for The Block TV show on the various renovation projects they’ve taken on...