Preview Mode Links will not work in preview mode

Mar 29, 2018

An obvious reason for people to become involved in property investment is to take advantage of market appreciation as a way of increasing their wealth, so the concept of depreciation may not even be something that they might consider.

In this episode, Smart Property Investment's Phil Tarrant is joined by Bradley Beer, CEO of BMT Tax Depreciation to discuss what depreciation is and the impact that calculating it properly will have on your tax situation.

Bradley will also discuss the tax complications which recent changes to depreciation law will have for investors as well as some variations which may impact those buying interstate, but will also look at what has stayed the same and how to best utilize that to your advantage.

The pair will also cover scrapping, the biggest misconceptions around depreciation, and whether there are more legal changes set to come.

You'll hear all of this and much, much more in this episode of The Smart Property Investment Show!

If you like this episode, show your support by rating us or leaving a review on iTunes (The Smart Property Investment Show) and by following Smart Property Investment on social media: Facebook, Twitter and LinkedIn. If you have any questions about what you heard today, any topics of interest you have in mind, or if you'd like to lend your voice to the show, email editor@smartpropertyinvestment.com.au for more insights!

 

RELATED AREAS OF INTEREST:

New v existing — which one should I choose?
Double standard property legislation passes both houses
How will a change in government affect property investors?