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. Each year we have come to expect the deductions to be more than the previous year as the projects get bigger and better and this year is no exception.
BMT Managing Director Brad Beer will be appearing on tonight’s episode of The Block Glasshouse to help blockheads Darren and Dee understand what a property investor could expect in terms of depreciation deductions for their apartment.
In presenting the estimated depreciation deductions for each apartment we could be revealing an inside scoop to the order of reserve pricing for all of the apartments heading into auction as it represents the total amount of construction expenditure.
So, based on the depreciation deduction range for year one as well as the total minimum and maximum range of depreciation deductions that an investor can expect for each apartment on The Block Glasshouse, could this be the reserve price order also?