Ensure you never miss an issue of the
real estate business bulletin
Q and A

Q and A

by Jason D'Souza 0 comments

Below are answers to some of our most frequently asked and popular questions about Tax Depreciation that we at BMT get every day. If you want to ask us a question, feel free to post on our Facebook page or email us at This email address is being protected from spambots. You need JavaScript enabled to view it. and we’ll do our best to respond with the answer.

What is tax depreciation?

Tax depreciation is the decline in value of a building structure and its fixtures and fittings over time. The Australian Taxation Office (ATO) allows owners of all income producing property to claim these depreciation deductions each financial year as a tax deduction.

Why should I be interested in tax depreciation?

  • If you own investment property, then a tax depreciation schedule prepared by a specialist Quantity Surveyor helps you to claim back maximum deductions and increase your cash return.
  • If you work with clients who own investment property, then understanding the benefits of a tax depreciation schedule for investors can give you the edge in the competitive marketplace.

What can be claimed?

Property depreciation claims for income producing property are submitted under two separate categories:

  • Depreciation for the building structure also known as a capital works deduction (Division 43)
  • Depreciation for plant and equipment assets (Division 40)

A BMT Tax Depreciation Schedule is structured to ensure that claims for both areas can be maximised and are correctly attributed. Find out more about what’s included in a BMT Tax Depreciation Schedule by visiting our website today.

I’m a property investor – can I claim?

Absolutely. Every property will attract depreciation deductions, so request a quote today from BMT Tax Depreciation and we can help you estimate your likely deductions and organise your tax depreciation schedule.

How can I help my landlords understand the benefits of a tax depreciation schedule?

We’ve created a great role-play style video to help you answer this question in more detail. It can often seem difficult to start a conversation with your landlords about a tax topic that you’re not the experts in; we’ve simplified the process below helping you to stay one step ahead of your competitors.

When is the best time to claim depreciation?

A tax depreciation schedule can be completed at any time, however to ensure that you’re claiming maximum deductions straight away it’s recommended to organise your schedule once the settlement period has finished.

Why use a specialist Quantity Surveyor to complete my claim?

The ATO states that Quantity Surveyors are one of the only professions recognised to estimate construction costs for depreciation purposes.

Why choose BMT?

BMT Tax Depreciation is Australia’s leading tax depreciation schedule provider.

  • We find an average of $5,000- $10,000 in deductions in the first full year
  • We guarantee to double our fee worth of deductions in the first full financial year or we don’t charge for our service
  • We can help you claim missed deductions for the previous two financial years
  • Our fee is 100% tax deductible and can be claimed back in full
  • Our schedules last for the lifetime of your property (40 years)
  • Our schedules are ATO compliant and help maximise your deductions each financial year

Ok I’m interested – what’s the process?

Great! The process to get started is really simple, either call BMT Tax Depreciation on 1300 728 726 and speak to one of our depreciation specialists. Alternatively request a quote online for a depreciation schedule today.

If you’re interested in organising a quote for your clients, please complete this form with your details and one of our depreciation specialists will contact you.

Once the quote is approved, we will organise an inspection of the property and deliver the comprehensive forty year schedule within five to seven days of all information being gathered.

Below are answers to some of our most frequently asked and popular questions about Tax Depreciation that we at BMT get every day. If you want to ask us a question, feel free to post on our Facebook page or email us at This email address is being protected from spambots. You need JavaScript enabled to view it. and we’ll do our best to respond with the answer.

What is tax depreciation?

Tax depreciation is the decline in value of a building structure and its fixtures and fittings over time. The Australian Taxation Office (ATO) allows owners of all income producing property to claim these depreciation deductions each financial year as a tax deduction.

Why should I be interested in tax depreciation?

  • If you own investment property, then a tax depreciation schedule prepared by a specialist Quantity Surveyor helps you to claim back maximum deductions and increase your cash return.
  • If you work with clients who own investment property, then understanding the benefits of a tax depreciation schedule for investors can give you the edge in the competitive marketplace.

What can be claimed?

Property depreciation claims for income producing property are submitted under two separate categories:

  • Depreciation for the building structure also known as a capital works deduction (Division 43)
  • Depreciation for plant and equipment assets (Division 40)

A BMT Tax Depreciation Schedule is structured to ensure that claims for both areas can be maximised and are correctly attributed. Find out more about what’s included in a BMT Tax Depreciation Schedule by visiting our website today.

I’m a property investor – can I claim?

Absolutely. Every property will attract depreciation deductions, so request a quote today from BMT Tax Depreciation and we can help you estimate your likely deductions and organise your tax depreciation schedule.

How can I help my landlords understand the benefits of a tax depreciation schedule?

We’ve created a great role-play style video to help you answer this question in more detail. It can often seem difficult to start a conversation with your landlords about a tax topic that you’re not the experts in; we’ve simplified the process below helping you to stay one step ahead of your competitors.

When is the best time to claim depreciation?

A tax depreciation schedule can be completed at any time, however to ensure that you’re claiming maximum deductions straight away it’s recommended to organise your schedule once the settlement period has finished.

Why use a specialist Quantity Surveyor to complete my claim?

The ATO states that Quantity Surveyors are one of the only professions recognised to estimate construction costs for depreciation purposes.

Why choose BMT?

BMT Tax Depreciation is Australia’s leading tax depreciation schedule provider.

  • We find an average of $5,000- $10,000 in deductions in the first full year
  • We guarantee to double our fee worth of deductions in the first full financial year or we don’t charge for our service
  • We can help you claim missed deductions for the previous two financial years
  • Our fee is 100% tax deductible and can be claimed back in full
  • Our schedules last for the lifetime of your property (40 years)
  • Our schedules are ATO compliant and help maximise your deductions each financial year

Ok I’m interested – what’s the process?

Great! The process to get started is really simple, either call BMT Tax Depreciation on 1300 728 726 and speak to one of our depreciation specialists. Alternatively request a quote online for a depreciation schedule today.

If you’re interested in organising a quote for your clients, please complete this form with your details and one of our depreciation specialists will contact you.

Once the quote is approved, we will organise an inspection of the property and deliver the comprehensive forty year schedule within five to seven days of all information being gathered.

Q and A
lawyersweekly logo
promoted content
Recommended by Spike Native Network
reb top 100 agents 2017

The REB Top 100 Agents ranking is the foremost ranking of agents in Australia. It has set the bar for excellence in Australian real estate. To be ranked as an REB Top 100 Agent is the standard real estate professionals strive for. See the full 2018 ranking here!

featured podcast

featured podcast
The difference between an average agent and one who dominates

McGrath Crows Nest’s Peter Chauncy is number 10 in this year’s REB Top 100 Agents ranking. Peter, however, is more likely not surprised ...

View all podcasts

Would you consider working for Purplebricks or a similar 'DIY' model?

Yes (7.2%)
No (80.9%)
Perhaps - make me an offer (12%)

Total votes: 209
The voting for this poll has ended on: July 13, 2018
Do you have an industry update?