» MyBMT

How MyBMT helps property managers save time

BMT team — Fri, 06 Aug 2021 05:40:16 +0000

Juggling day-to-day operations and dealing with unexpected issues means property managers rarely have enough time in the day. While we can’t make days longer, one thing that helps property managers save time and streamline processes is through MyBMT. What is MyBMT? MyBMT is a free portal that BMT Tax Depreciation has created and made available as an app and online. It’s your one-stop-shop to find everything you need to manage landlord depreciation and investment needs, plus much more. Four features of MyBMT that help make property manager jobs easier 1. Direct access to free tools MyBMT allows you to have seamless access to a number of tools, including New to Rent and PropCalc. New to Rent is a service you can register for that automatically provides free depreciation estimates for all the properties on your rent roll. Making it the easiest way to obtain depreciation estimates for your landlords. PropCalc is a cash flow calculator that evaluates the real cost of owning any property, investment or not. It breaks down the cost so that you can show your clients how a new investment property purchase may impact their after-tax cash flow. Many fields in the calculator are flexible which means you can export a tailor-made report for a client. 2. File sharing and record keeping When both you and your landlord client have MyBMT accounts it makes file sharing, saving and record keeping much easier. For example, a landlord can upload files like images, receipts and invoices and share them directly with you through the app where they are saved. This takes the hassle out of emailing back-and-forth while ensuring a client’s records are all saved in one place that is easy for both yourself and the landlord to access anytime, anywhere. 3. Research and insights MyBMT is powered by comprehensive data on the property market. This allows you to do your own in-depth market research through the apps ‘research and insights’ feature. Here you can view market insights, planning applications and generate property valuations. Knowledge such as this will help answer landlord questions on the local market and their individual property. 4. Order a schedule through the app and monitor progress To make your job easier, you can order a tax depreciation schedule on your client’s behalf through MyBMT. This is usually the step after a depreciation estimate and quote has been provided and your landlord client wants to proceed with obtaining a tax depreciation schedule. Once the schedule is ordered you will be able to monitor its progress through the app, meaning less phone calls and emails for you. To learn more about MyBMT and the additional service BMT offers, contact the team on 1300 728 726 or visit their website.

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Discover MyBMT to manage your depreciation and investment property with ease

BMT team — Wed, 15 Apr 2020 23:55:13 +0000

MyBMT allows investors to seamlessly manage their depreciation and investment property needs in one central location. If you are considering MyBMT, here is an overview to demonstrate how it can be your one-stop platform for managing your depreciation and investment property with ease. In this article we will explore: MyBMT Homepage MyBMT Tools My properties Property profiles Quotes Shared schedules Insurance PropCalc access Direct Info access MyBMT Homepage The MyBMT homepage includes all the features of MyBMT in one easy to navigate page. You can request a BMT Tax Depreciation quote here, get up to date with the latest depreciation and property news with the latest BMT Insider articles and register for any upcoming webinars. MyBMT Tools The tools tab is located at the top of the homepage, making it easy to access some of BMT’s free apps, tools and calculators. The tax depreciation, construction cost and replacement cost calculators are powered by BMT’s comprehensive database. Most of the tools are also available through mobile apps. While the expert BMT team manages your properties tax depreciation schedule from start to finish, these tools can be helpful to understand the intricacies of depreciation or depreciation estimates of investment properties you may be adding to your portfolio. My properties You don’t need different accounts to manage multiple properties. MyBMT allows you to store all your investment properties in one place for a consolidated approach. From this page, you can easily sort through your properties, track where your schedule is in the process and request a quote. Property profiles Each property profile has several features to help you and your team manage your depreciation needs. From status of current schedules to the income and expenses of your property, the profile has all you need to help manage your property. You can also edit your property team to include members such as your accountant or property manager. Quotes You can see any quotes you have requested from the property page. Once a quote has been generated, you will be able to view key information that’s available such as the estimate, insights and a sample report. From here, you can either accept or send an enquiry to the BMT team. Shared schedules It’s key for investors to be able to share their depreciation schedules with their team to maximise their return and make the process easy. MyBMT allows you manage any shared schedules at your fingertips. Once a schedule has been shared you can navigate through here. Insurance Did you know 83 per cent of properties are underinsured? The Insurance tab in MyBMT allows you to request a BMT Insurance quote through the portal. As part of the BMT Group, BMT Insurance offers a wide range of landlord, home and contents insurance policies from reputable Australian providers. PropCalc access PropCalc is your essential property cash flow calculator and is available through MyBMT More than just a mortgage calculator, Propcalc prevents you from making a misinformed decision by showing exactly how the purchase will affect your cash flow. PropCalc uncovers the true costs of owning a property, from purchase costs such as stamp duty to annual expenses including insurances, council rates and repairs. The tool allows you to save and compare properties in the one place. Direct Info access You can also access Direct Info through the MyBMT portal. Direct Info allows you to search for titling information such as deeds, titles, land values and much more. To join thousands of investors already enjoying the benefits of MyBMT, register for MyBMT today.

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5 key features of MyBMT

BMT team — Tue, 16 Apr 2019 01:33:11 +0000

Have you considered registering for MyBMT but wondered what features you will receive? MyBMT is a smart, complimentary service from BMT Tax Depreciation. This interactive portal helps property investors, Accountants and Property Managers to manage their investment property and depreciation details and is a great place to do research if buying a property, whether for investment or personal use. It takes only seconds to register for on-the-go access to existing depreciation quotes, ordering a new schedule or requesting an estimate. We take a look at five key features. MyBMT is simple to use MyBMT’s easy-to-use interface makes managing depreciation for an investment property a cinch. Property investors can view, update and download depreciation schedules. MyBMT also makes it simple to calculate the cash flow required to hold a property, estimate depreciation deductions, replacement costs and more. Accountants can Request a Quote on behalf of their clients, see how clients’ schedules are progressing and make updates as well as download schedules in CSV or Excel format for their Accounting software. Property Managers also benefit from MyBMT and can view free depreciation estimates for their listed properties via MyBMT’s value adding tool, New to Rent. They can also, request quotes and updates to their clients’ schedules.. Consolidate all property documentation Upload and keep all investment property documentation in the one, convenient place – like individual property files, photos and receipts. Take advantage of how easy it is to view, update or share depreciation schedules with your personal investment team. Research & Insights Our research and insights tab helps investors to learn more about the area in which a potential investment property is located. View market data, see nearby planning applications and generate a valuation for any property with an existing depreciation schedule. This feature allows investors to discover newly listed properties in their area as well as important metrics such as recent census data, information that can assist the decision of whether to take on an investment property. PropCalc PropCalc is the essential property cash flow calculator for anyone looking to buy property. It uses data such as income, stamp duty, deposit amount, expenses, rental income and tax depreciation figures to provide an accurate after-tax cash flow required to own a property. PropCalc is the essential tool for investors looking to buy an investment property. It comprehensively calculates the costs associated with holding an investment property and thereby assists investors to determine whether a property is right for them. BMT Insurance BMT Insurance works with some of Australia’s most experienced providers to select the most suitable and cost effective insurance for you. As brokers, we have access to a range of policies to suit your situation. With features and inclusions appropriate to landlords, we are sure to have a comprehensive policy to meet your needs. BMT Insurance offers a wide range of insurance options to suit your needs such as building, contents and landlord insurance. Why not register today? It’s free and offers on-the-go access anytime, anywhere. If you would like to have BMT Tax Depreciation, the tax depreciation specialists, as a part of your property investment team, contact us today on 1300 728 726.

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New research and insights feature in MyBMT

BMT team — Fri, 22 Jun 2018 04:40:51 +0000

When purchasing an investment property, it is crucial to undertake area research to gauge if a property will be a suitable, profitable investment. BMT Tax Depreciation has developed a new feature within its online portal MyBMT helps property investors make more informed decisions relating to their investment property. The new research and insights tab assists investors to learn more about the area in which a potential investment property is located. The feature allows investors to discover newly listed properties in their area as well as important metrics such as recent census data, information that can assist the decision of whether to take on an investment property. The research and insights tab also informs investors of any lodged planning applications and new developments in the area so there are no surprises after purchase that could decrease the property’s value. Investors often struggle to know the true value of their investment properties in the ever-fluctuating market. Using the MyBMT research and insights feature, investors can generate a metric-based valuation for their investment properties which have a depreciation schedule in MyBMT. Another useful tool included in the research and insights tab is PropCalc. PropCalc is a innovative calculator that can help you determine the cash flow required to hold a property. It uses data such as income, stamp duty, deposit amount, expenses, rental income and tax depreciation figures to provide an accurate after tax figure. PropCalc is an essential tool for investors considering the purchase of an investment property. It comprehensively calculates the costs associated with holding an investment property and thereby assists investors to determine whether a property is right for them. The new research and insights feature in MyBMT centralises the work involved in purchasing an investment property and assists investors to make smarter financial decisions. To explore the new research and insights tab, register for MyBMT today.

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