With tax time upon us, it’s important to understand what you can claim in order to get the full deductions you are entitled to in regards to your investment property. Here is a list of items you can potentially claim as deductions on your tax return:
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Any owner of an income-producing investment property is eligible for significant taxation benefits. Despite this fact, according to the Chief Executive Officer of BMT Tax Depreciation, Bradley Beer, 80 percent of property investors are failing to take advantage of property depreciation and are therefore missing out on thousands of dollars in their pockets. “Property investors often assume they are ineligible or that it is not …
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November has been a huge month for our property management team. In what is seasonally a lower leasing activity month, we have leased an exceptional 48 properties in November alone. This brings our total number of properties leased this calendar year, to a phenomenal 532, as of today. This impressive result can be attributed to a number of factors – including first class marketing of …
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Food tenants continue to be attracted to Wagga’s main street with Fitzpatricks PCI Commercial leasing the shop at the front of the Baylis Centre to Western Australian franchise company Pasta Cup. This represents the companies first venture outside of Western Australia, with well know local businessman Jason Pearce opening the store next week. This follows the recent opening of ‘Carvin it Up’ next door, who …
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It may be a bleak weather forecast, but the sun is peaking from behind the clouds and investors and the business sector are rubbing their hands together in anticipation, not just to keep warm, as good news breaks regarding the Riverina Intermodal Freight and Logistics (RIFL) Hub. In what will be the biggest driver of the Wagga economy for a generation, $13.2 million worth of state funds will …
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