Guest Blog: Brad Beer with a depreciation example with and without furniture

By the resi financial blog team, 14 April 2014

Tax depreciation example without furniture

Often property investors rent out their property fully furnished. Depreciating furniture can add thousands of dollars to the owners depreciation claim.

The below table provides an example of the difference that claiming depreciation on a $16,000 furniture package could make to an investor who purchased a two bedroom two bathroom unit:

Depreciation example

It is important that a specialist Quantity Surveyor prepares a tax depreciation schedule for an investment property before the owner lodges their tax return.

A Quantity Surveyor will carry out an inspection on the property to identify more plant and equipment items and apply depreciation legislation to maximise depreciation deductions for the owner.

BMT Tax Depreciation is the Accountants preferred supplier of tax depreciation reports. They complete reports for over 10,000 Accountant referrals each year, with reports showing an average of $5,000 to $10,000 as a first full year deduction.

BMT Tax Depreciation also guarantee to double their fee worth in deductions in the first full financial year or they will not charge for their services.

To read more about depreciation, go here.

For more saving tips related to tax depreciation, read Brad Beer's first article: Why tax depreciation is key to increasing your return on investment. Or his second article: Three property depreciation tips.

Article Provided by BMT Tax Depreciation.
Bradley Beer (B. Con. Mgt, AAIQS, MRICS) is the Managing Director of BMT Tax Depreciation.  Please contact 1300 728 726 or visit for an Australia-wide service.


Categories: BMT, Depreciation, Guest Blog, Tax