Insider Tips to Help You Discover How to Succeed with Commercial Property
SMART COMMERCIAL PROPERTY OWNERS, commercial property tenants and business owners want to improve their cash flow.
Claiming depreciation can reduce the tax paid for any commercial property at tax time.
BMT Tax Depreciation provide three valuable apps that every business or commercial property owner should be aware of. Let’s take a look at how these apps can help you. [Read more…]
OPTOMETRISTS SPEND ALL DAY looking at their client’s eyes in order to assist them with their sight.
It’s therefore understandable that a busy schedule might result in unforeseen deductions for the depreciable items contained in their business. [Read more…]
WE’VE ALL HEARD THE LINE, “A man walks into a bar …” and waited for the pun at the end of the sentence. However, when a tax depreciation specialist walks into a bar it’s no laughing matter as there is much more to uncover.
Many pub, hotel and tavern operators are losing thousands annually by failing to have a tax depreciation schedule prepared for their property. [Read more…]
AS YOU ARE probably aware, property depreciation is mostly claimed by the owner of an income-producing property. And it’s for this reason, that many commercial tenants often miss out on the hidden cash available to them through depreciation.
Commercial tenants can claim depreciation deductions based on any fit-out or plant and equipment assets that they add to the property. [Read more…]
THE AUSTRALIAN Taxation Office (ATO) has released a new tax ruling, which is effective from the 1st of July 2014.
Replacing Tax Ruling 2013/4, Tax Ruling 2014/4 explains the methods to be used when determining the effective lives of depreciating assets.
The tax ruling in effect at the time an asset is acquired determines the effective life of that asset. For this reason, any changes the ATO have made to effective lives of assets in Tax Ruling 2014/4 will only affect assets purchased and installed for use after the 1st of July 2014. [Read more…]
THE AUSTRALIAN Taxation Office (ATO) allows investors to choose between two alternative methods of claiming depreciation on plant and equipment assets. The diminishing value and the prime cost methods of depreciation.
When you make a depreciation claim, you can only choose one of these methods. It is important for you to understand how your choice will affect your investment returns. [Read more…]
THE END OF FINANCIAL YEAR may have come and gone but there is still time for commercial property owners to arrange a tax depreciation schedule. You could claim thousands of dollars in depreciation deductions.
Australian Taxation Office (ATO) legislation permits the owner of any income-producing property to claim depreciation in two ways:
COMMERCIAL BUILDING OWNERS remain unaware of the taxation benefits their property can generate. One of the most beneficial, yet often missed, deductions is building depreciation. [Read more…]
IN THE FIRST Part of this series you discovered the first two tips to help you maximise the depreciation deductions that you can claim on your Commercial property.
Tax time is nearly here, take a look at the next four tips to make sure that you are claiming what you are entitled to. And not throwing money away. [Read more…]
ARE YOU maximising your Commercial property depreciation deductions this financial year?
Tax time is approaching quickly and you are probably preparing to visit your Accountant to complete your annual income tax assessment. [Read more…]
THE AUSTRALIAN Taxation Office (ATO) allows you, as a Commercial property owner, to choose between two methods of claiming depreciation on the fixtures and fittings within your investment properties.
These are the Diminishing Value and the Prime Cost methods of depreciation. [Read more…]
WITH EVERY NEGOTIATION, you always need to be thinking on your feet. And here are several simple Tips to help you do just that.
WHEN YOU EMBARK on your journey as a property investor, it can be overwhelming – with a flood of information and diverse opinions. To help simplify the process, here are five essential tips for new (and seasoned) investors.
IT DOES NOT MATTER whether you’re an investor or an owner-occupier, there are several important factors to consider when purchasing a commercial property to ensure you make the right choice.
In a previous article, I shared a handy App to assist you in shortlisting potential properties. If you haven’t already downloaded it, simply click on the HiReturn Filter over on the right, to install it on your tablet or mobile device.
THERE IS A BELIEF among many experts that a surge in the stock market typically precedes a recovery in the commercial property market by about six months. And the start of this year saw equity markets gaining some momentum.
I HAVE BEEN ASKED countless times about the secrets to a successful negotiation. And I want to share with you the key elements to help make your negotiations effective.
But first, just watch this short video to gain a quick understanding of these three essential elements that form the foundation of every negotiation.
If you’re new to investing, you might be wondering if it’s possible to manage your own commercial property. The short answer is “yes”, but only if you know what you’re doing.
It’s important to note that owning a commercial property comes with certain legal responsibilities, particularly when it comes to compliance with Essential Services requirements under current Building Regulations.
The current trends in the business have made it clear that office landlords have to cater to the needs and preferences of their tenants. Building owners and managers (who understand and meet these demands) will be able to command higher rents and reduce vacancy rates.
To expand on this, here are four key tips to help attract quality tenants.
