10 | Tax Depreciation
Episode description
If you were to ask an investor if they wanted to save $149 per week on a property, we can guarantee you that no one would say no…
BUT that’s exactly what too many folks are doing when they don’t use tax depreciation, right? (Check out the case studies at the bottom if you don’t believe this number…)
Today we’re excited to be discussing this topic with the help of our good friend and first-ever guest to the show: Bradley Beer!
As the Managing Director of BMT Quality Surveyors, expert at tax depreciation, Brad explains exactly what tax depreciation is and how and when you can use it!
Buying a property for its depreciation, however, should NEVER be your main reason for investing!
Instead, we unpack the important depreciation factors you should be looking at…
And explain why 1985 and 1987 were very important years when it comes to tax depreciation.
We’ll also be explaining what quality surveyors do and hearing some true stories from Bryce and Ben!
So tune in now for the gold on tax depreciation! (Yes, we say tax depreciation way too much in the episode too )
Free Stuff Mentioned:
- Just starting your property investing journey? Check out our FREE Binge Guide to the Foundations of Property, Finance and Money Management, which shows you which episodes you need to understand the basics! Or fill in the form below and we’ll email it to you right away!
- Brad’s case studies that he has prepared for the podcast can be accessed here! The first is a $600,000 – $700,000 period home with a rental income of $22,880 per annum and the second is a $400,000 – $500,000 older villa with a rental income of $21,060 per annum.
- Interested in using BMT? Download the BMT Tax Depreciation Application Form here.
LISTEN TO THE FIRST 20 EPISODES HERE >>
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LISTEN TO THE FIRST 20 EPISODES HERE >>
MOORR MONEY MANAGEMENT APP:
👉 Apple: https://apple.co/3ioICGW
👉 Google Play: https://bit.ly/3OT86bW
👉 Web platform: https://www.moorr.com.au/
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