The Secret To Future Cash Flow Success

The Secret To Future Cash Flow Success

The Secret To Future Cash Flow Success

Calculate depreciation deductions before purchasing property.

Investors often question what the real cost will be to hold a property they are considering purchasing. It is important to ensure that their purchase provides them with the maximum cash return.
 
There’s a myriad of expert advice available and every individual investor has their list of what the property they are looking for must include.
 
Astute investors consider the potential rental return of the property, the property’s location in proximity to local services and facilities, local employment drivers and historical growth of properties within the area. In contrast, other investors limit their options by only looking at properties within close proximity to their home.
 
To get a true calculation when deciding whether to buy a property, investors should also work out the tax deductible costs and other deductions involved in owning the property, such as property management fees, rates, interest, repairs, maintenance and property depreciation.
 
These deductions add to the investor’s net cash return and every deductible dollar comes back to the owner at their marginal tax rate.
 
The amount of depreciation available varies significantly from property to property and can be difficult to estimate. Because of this, investors often fail to consider the financial benefit of claiming depreciation prior to making their purchase. By incorporating depreciation calculations into research conducted prior to making a purchase, an investor may actually find the property to be more affordable.
 
Investors who would like an estimate of the depreciation deductions available in any investment property can speak with the expert team at BMT Tax Depreciation on 1300 728 726.

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