Subscribe On Itunes
Subscribe On AndroidWe’ve got Bradley Beer, CEO of BMT Tax Depreciation on the podcast today!
Now, some of you might remember Bradley back in Episode 10 where we talked about tax depreciation schedules, how they work, and if all property investors should have one done.
For today’s episode, however, we will be relating back to Episode 115 where we chat about the impact of the recently released Federal Budget on property investors, focusing specifically on depreciation changes. So here are the topics we touch on today:
- Exactly what part of depreciation deductions are affected by the proposed changes?
- Are capital works deductions still available to be claimed at 2.5% for 40 years?
- What is the significance of 7:30pm AEST on 9th May 2017?
- Do we look at contract date or settlement date?
- Do the proposed changes affect tax depreciation schedules that were previously submitted?
- How will this impact investors’ cash flows and is there a difference between new and old property?
- What is the logic behind the changes on investors’ travel expenses?
Free Resources
- Here’s our video and article on realestate.com.au – How to Use the Flour Jar Method of Saving for a House
- BMT Tax Depreciation Application Form – Fill in the form here
If you liked this episode, don’t forget to rate us on our iTunes channel (The Property Couch Podcast) and our Facebook page. If you have any questions or ideas, feel free to drop us your thoughts here: https://thepropertycouch.com.au/topics/
