Articles by Bradley Beer

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Bradley joined BMT in 1998 and as such he has substantial knowledge about property investment supported by expertise in property depreciation and the construction industry. Bradley is a regular keynote speaker and presenter covering depreciation services on television, radio, at conferences and exhibitions Australia-wide. Visit www.bmtqs.com.au/


Be careful of these depreciation mistakes this tax time
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Be careful of these depreciation mistakes this tax time

Depreciation can be a rather complex area with specific rules, qualifying dates, depreciation rates, methods for claiming and pre-determined effective lives of assets.  As such, claiming depreciation deductions can be a confusing task for many property investors. For this reason, it’s imperative that investors get a depreciation specialist to prepare their tax depreciation schedule. This…

Increase your deductions sooner with low value pooling
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Increase your deductions sooner with low value pooling

When it comes to claiming depreciation deductions for qualifying plant and equipment assets*, owners should be aware of certain tactics which can increase their deductions sooner.  This will increase their annual cash flow and allow them to realise the benefits from their investment property sooner. One of the simplest ways to do this is to…

Five questions you should ask your Quantity Surveyor
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Five questions you should ask your Quantity Surveyor

Are you an investor who’s heard about the benefits of depreciation and have decided to start claiming? That’s great news for your investment.  Claiming depreciation will help you maximise the cash return from your investment property. As a non-cash deduction, depreciation is a quick win for investors and requires minimal effort on the owner’s end….

Seven capital gains and depreciation facts for property investors
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Seven capital gains and depreciation facts for property investors

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…

Add value and increase deductions with an alfresco area
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Add value and increase deductions with an alfresco area

Claim depreciation on outdoor structures and save  Australia is made for outdoor living, so it is little wonder that alfresco areas have become sought after additions in any property. Owners see great value in adding permanent weatherproof structures to an investment property. Creating an indoor-outdoor environment that can be enjoyed all year round not only…

New depreciation legislation for Australian property investors
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New depreciation legislation for Australian property investors

In one of the most dramatic changes to property depreciation legislation in more than 15 years, Parliament has passed the Treasury Laws Amendment (Housing Tax Integrity) Bill 2017 as at Wednesday 15th November 2017, with the Bill now legislation.  The new legislation means owners of second-hand residential properties (where contracts exchanged after 7:30pm on the 9th of…

Can you claim previous renovations?
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Can you claim previous renovations?

One question often asked by investors who are considering purchasing an existing second-hand property is whether or not they can claim deductions for work that has been completed to the property by a previous owner. The rules have always been complicated for investors and for this reason it is best to consult with a specialist…

Treasury Laws Amendment Bill to impact property investors
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Treasury Laws Amendment Bill to impact property investors

Treasury Laws Amendment (Housing Tax Integrity) Bill 2017 was introduced into parliament on the 7th of September 2017 and included legislation changes which will negatively affect residential property investors across Australia.  Announced in the 2017 Federal Budget, the amendment denies tax deductions for the decline in value of ‘previously used’ or ‘second hand depreciating assets’…

Missed deductions add up
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Missed deductions add up

Our system to maximise your claim Closed circuit television systems, garden watering systems, intercom systems and solar powered generating system assets are all assets which are often missed by property investors when claiming depreciation. These and other missed assets such as door closers, freestanding bathroom accessories, garbage bins, shower curtains and smoke alarms are part…

What do the proposed changes to depreciation mean for you?
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What do the proposed changes to depreciation mean for you?

It’s been a couple of weeks since the federal budget announcement and since then we’ve had some time to review how the proposed changes relating to plant and equipment deductions will affect property investors. Although we are not expecting the legislation to be finalised anytime soon, we have been talking with government with the aim…