Posts Tagged ‘depreciation’

24 Property Management Secrets to Increasing your Rental Income!

Here are some concepts that may help you improve your cash flow..

Higher Rental Value
Ensure the rental value is assessed on a 6 monthly basis.
Property Depreciation Schedule
As a building gets older, items wear out – they depreciate. The ATO allows property owners to claim this depreciation as a deduction. Claiming all the depreciation property investors are entitled to on an investment property can make a big difference … Read more »

Tax Mistakes Many Landlords Are Making

Not knowing what tax concessions are available on rental properties is costing some investors millions of dollars. Here are the top five tax mistakes many are still making.

Not claiming

BMT Tax Depreciation CEO Bradley Beer said many investors simply do not claim all of the legitimate items they are allowed to depreciate.

“Items such as smoke alarms, security systems, swimming pools and even … Read more »