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How property investments can deliver a tax time bonus

Press coverage 14 June 2021 Summary of published coverage
How property investments can deliver a tax time bonus

Investors were urged to bring forward deductible costs such as repairs, insurance, council rates and prepaid loan interest before 30 June, with PIPA chairman Peter Koulizos recommending an early conversation with an accountant. BMT Tax Depreciation found 70 to 80 per cent of investors did not claim their full depreciation entitlement, despite its clients averaging about $9,000 in first-year deductions from reports costing around $700.

Reported by

Australian Taxation Office Anthony Keane, Daily Telegraph, 14 June 2021

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