Do you have a depreciation schedule?
A comprehensive tax depreciation schedule prepared by BMT Tax Depreciation will help you claim all available depreciation tax deductions for the effective life of your investment property. Your Property Manager can help organise this for you.
Do you have an Accountant?
Having the right Accountant on your team is really important especially one who understands investment property claims.
Are you capturing all the income you can?
When it comes time to renegotiate your tenants lease or release your property your Property Manager will provide market recommendations based on the current markets activity.
Are you capturing all the expenses you can?
If you are paying your building insurance, landlord insurance, rates and water bills yourself, do you have them saved in a handy location ready for your Accountant, along with your bank statements showing mortgage costs? Alternatively our agency can pay these on your behalf and provide in an annual statement.
Have you been saving each statement and copies of invoices from your property manager?
If you have your statements, it’s time to get them ready and organised for your accountant.
End of Financial Year Statement?
While this is not a compulsory statement and is only a summary of all other statements issued throughout the financial year, it is good to save it straight away, so you have it ready at hand when you need it.
If you aren't currently using the services of our Property Management team and are interested to know more click here.