Depreciation education for your staff and clients
Discovering the benefits of property depreciation and how it can help you and your clients can be surprising.
What many Property Professionals may think is a complex and difficult topic can actually be quite an exciting one, particularly for your clients when they find out they can claim on average between $5,000 and $10,000 in depreciation deductions in the first full financial year alone.
Around 80 per cent of property investors fail to claim the maximum depreciation deductions from their investment property. By learning more about depreciation you will not only discover how depreciation can help your clients to save, you will also be adding great value to your existing service as a property professional and encouraging your clients to come back to you next time they choose to invest in a property.
BMT Tax Depreciation offer a number of resources and material about depreciation to pass on to your clients such as educational materials, free co-branded property depreciation calculators for your website, tax depreciation estimates to assist in selling properties or new developments, articles for your newsletters and depreciation and property industry news updates via social media.
They also offer free training sessions on depreciation for Real Estate Agents, Property Managers and their investor clients. BMT Tax Depreciation’s training sessions will cover a range of frequently asked depreciation questions such as:
- What is depreciation?
- What is a Quantity Surveyor?
- Why should a client obtain contact one to obtain a depreciation schedule?
- How does a properties age affect deductions?
- What structures and assets in a property are depreciable?
- What do investors need to be aware of when renovating an investment property?
- How will depreciation help you the Property Manager?
These training sessions also include handy case studies which walk you through the process of a depreciation claim and display the difference that deductions can make for the average investor.
For a brief insight into depreciation, why not watch BMT Tax Depreciation’s educational video for property professionals by visiting www.bmtqs.com.au/bmt-insider/depreciation-for-property-professionals.
To increase your knowledge and therefore your confidence in explaining the benefits of depreciation claims to your clients, request a training session online by visiting http://www.bmtqs.com.au/events or alternatively contact one of BMT’s expert staff on
1300 728 726 today.
Article provided by BMT Tax Depreciation.
Bradley Beer (B. Con. Mgt, AAIQS, MRICS, AVAA) is the Chief Executive Officer of BMT Tax Depreciation.
Please contact 1300 728 726 or visit www.bmtqs.com.au for an Australia-wide service.