BMT Tax Depreciation Calculator

Investment property tax depreciation calculator

OVERVIEW What is property depreciation? As a building gets older and items within it wear out, they depreciate in value. The Australian Taxation Office (ATO) allows property investors to claim a rental & investment property depreciation deduction related to the building and plant and equipment items contained within it. Claiming depreciation is a significant taxation benefit, and one which many investors are unaware of. Depreciation is a non-cash deduction – no money has to be spent to be able to claim it. BMT Tax Depreciation are the Accountants’ preferred property depreciation specialists with over 15 years experience in maximising the cash return on investment properties. For more information on how BMT can help increase your cash return, call 1300 728 726 or visit our website. Tax depreciation calculator Use our free tax depreciation calculator to estimate the likely depreciation deductions available on your investment property. DETAILS Use our free tax depreciation calculator to estimate the likely depreciation deductions available on your investment property. Simply fill out the below property details to calculate the likely deductions: • Property Type (House, commercial, unit etc) • Construction type (Residential, commercial, manufacturing) • Quality of finish • Floor area • Estimated year of construction • Estimated year of purchase • Nearest major city