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Tax Tips for Property Owners Renovating Investment Properties

Tax Tips for Property Owners Renovating Investment Properties

by Camden Professionals | Sep 19, 2024 | Depreciation, Property Investment Tips, Property Tax, Tax Deductions

Creating wealth through buying an investment property is a well established practice in Australia.  In fact, there are approximately 9 million residential dwellings in this country and almost 25% of them are rented from private landlords. According to the Australian...
What is a Depreciation Schedule: A Beginner’s Guide

What is a Depreciation Schedule: A Beginner’s Guide

by Camden Professionals | Feb 22, 2024 | Depreciation, How To, Property Investment, Property Investment Tips

Did you know that 70% of investors in Australia don’t buy a tax depreciation schedule for their investment properties? Depreciation schedules are one of the most effective but underused tools available to a property investor to maximise their returns.  When you think...
66 per cent of investment properties have one thing in common

66 per cent of investment properties have one thing in common

by Camden Professionals | Dec 13, 2021 | Depreciation, Property Investment Tips

BMT Tax Depreciation has been helping property investors claim thousands of dollars in depreciation deductions for decades. A look into the schedules they have completed in the last three years has revealed an interesting statistic: 66% of these investment properties...
Claim Thousands in Property Tax Deductions

Claim Thousands in Property Tax Deductions

by Camden Professionals | Oct 21, 2021 | Depreciation, Property Investment Tips

Just because June 30 has been and gone, property investors don’t need to wait another financial year to get a tax depreciation schedule. Even if a schedule is ordered after the end of a financial year (FY), depreciation can still be back-claimed. First, what is a tax...
This Renovation Tip can Save you Thousands

This Renovation Tip can Save you Thousands

by Camden Professionals | Nov 18, 2020 | Depreciation, Economy, Perth, Property Investment, Tax & Accounting

This renovation tip can save you thousands Renovating an investment property is different to renovating your own home. Whether the renovation is big or small, you will be taking a head over heart approach and doing what will help you improve your return on investment....
Appreciate the Benefits of Claiming Property Depreciation

Appreciate the Benefits of Claiming Property Depreciation

by Camden Professionals | Jul 10, 2020 | Depreciation, Property Investment

Did you know that property depreciation is the second biggest tax deduction for investors, after interest? Despite this fact, 80 per cent of property investors are failing to take advantage of property depreciation and are therefore missing out on thousands of dollars...
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