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With the end of financial year (EOFY) looming, Phil pulls in the big guns to find out how investors can maximise the returns on their properties – but they must act soon. Smart Property Investment's Phil Tarrant is joined by Bradley Beer, the CEO of BMT Tax Depreciation, to chat through the costs and benefits of a tax depreciation report. The pair pore over Phil's latest depreciation reports, explaining how they are put together, what they do, and why they can be so valuable when it comes to filing a tax return. Brad also flags the importance of investors getting ahead of tax season to put their property affairs in order, warning that investors only have until 30 June to order their report if they wish to make a depreciation claim for the 2023–24 financial year. Are you ready for EOFY? Featuring insights from Bradley Beer himself, check out the investor's essential EOFY guide here.
What are the best solutions to fix Australia's rental crisis? On this episode of the Smart Property Investment Show, Bradley Beer, managing director at BMT Tax Depreciation, joins host Phil Tarrant to discuss the rental market's current position and methods that could remedy current predicaments. The pair also discuss the significance of capital gains to investors, how build-to-rent can aid the rental crisis, and whether or not buyers should follow the herd when it is going ballistic. In this episode, you will also hear: Should investors charge market rent? Is Australian property facing an underinsured crisis? Bradley's involvement on The Block If you like this episode, show your support by rating us or leaving a review on Apple Podcasts and by following Smart Property Investment on social media: Facebook, Twitter and LinkedIn. If you would like to get in touch with our team, email editor@smartpropertyinvestment.com.au for more insights, or hear your voice on the show by recording a question below.
If you own a property, you know the name BMT Tax Depreciation. They're Australia's #1 for property depreciation schedules, and number 1 by a country mile. Being #1 doesn't mean it's easy, in fact that can make it harder but it does afford you some benefits. This week Brad Beer, CEO of BMT Tax Depreciation Australia's #1 for property depreciation schedules, shares the highs and lows of growing to 180 staff and market leadership (by a long way) over 24 years. Don't miss this episode. Here's What We Cover This Week…. 01:54 – Brad's Background 05:28 – Market Leader, By a Long Way and the Benefits 16:38 – How Technology Supports Growth 27:39 – Difficult Times as a Leader 37:44 – The Impact of COVID on the Team 41:52 – Proudest Moments as a CEO 44:53 – The Business in 3 Years 49:35 – The Four-Word Business Plan ------------------------------------------------------ If you got value from today's episode, please remember to: 1. Rate and review us on Apple Podcasts 2. Register to be the first to know when new episodes drop and free tools are published at www.scaleupspodcast.com, or 3. Drop us a question about scaling using Speakpipe on the website, or email questions@scaleupspodcast.com. Follow us on your favourite socials: ScaleUps Podcast on LinkedIn: https://www.linkedin.com/company/scaleupspodcast ScaleUps Podcast on Instagram: https://www.instagram.com/scaleupspodcast/ ScaleUps Podcast on Facebook: https://www.facebook.com/scaleupspodcast Watch the full episode at ScaleUps Podcast on Youtube: https://www.youtube.com/channel/UCLlvcqAuqJMYBVUBoiixChQ You can connect with Brad Beer via: Website: www.bmtqs.com.au LinkedIn: https://www.linkedin.com/in/bradley-beer/ or you can reach out to connect with Sean directly via: LinkedIn: https://www.linkedin.com/in/seansteeleprofile/ Website: www.seansteele.com.au
Did you know that the BRICKS on your investment property actually influence the amount of tax depreciation you can claim? … Wait, what!?! Yep. Here to unfold the tax secrets only Quantity Surveyors know about is none other than Bradley [...] CONTINUE READING The post Episode 351 | Why The Cost Of A Brick Can Get You More Cash Back! – Chat with Bradley Beer appeared first on The Property Couch.
With the financial year at a close, many property investors are in the thick of tax time. In this episode of The Smart Property Investment Show, Bradley Beer, chief executive officer at BMT Tax Depreciation, joins host Phil Tarrant to offer his top tips for ensuring property investors get the most out of their returns and how the COVID-19 pandemic has changed the financial landscape evermore. Bradley unpacks the common depreciation mistakes he sees investors make, whether investors can still claim depreciation when their rental is empty and what advice investors should obtain before lodging a claim. If you like this episode, show your support by rating us or leaving a review on Apple Podcasts (The Smart Property Investment Show) and by following Smart Property Investment on social media: Facebook, Twitter and LinkedIn. If you have any questions about what you heard today, any topics of interest you have in mind, or if you'd like to lend your voice to the show, email editor@smartpropertyinvestment.com.au for more insights!
Special guest, Bradley Beer, CEO of the largest and most trusted quantity surveying firm in the country, BMT Tax Depreciation, joins hosts Steve Waters & Victor Kumar from Right Property Group to share his unique insights into property investing and depreciation as well as shares some insights into his own investment adventures. In this episode Steve, Victor & Brad examine different options available to ensure you claim the maximum deductions for your investment property and reveal some of the biggest misconceptions around depreciation, proving that whether your property is old or new, you don't always have to spend money before you can claim it. Having completed over 700,000 depreciation reports across the country and just last year assisting clients to claim approx $8,000 of deductions - in the first year on average, this episode will arm you with some hardcore facts to assist you in getting the most out of your investments as we head into tax time. Did you like this episode? Show your support by rating us on iTunes (Investing Insights) and by liking and following Right Property Group and BMT Tax Depreciation on social media: Facebook, Instagram and LinkedIn. If you have any questions about what you heard today or any topics of interest you have in mind, feel free to email questions@rightpropertygroup.com.au for more.
The Property Investor is producing its annual showcase of the Top Ten Outstanding Property Specialists. Our showcase covers all disciplines within the sector from commercial and residential developers to design, finance and property marketing. To be eligible for the award, the specialist must work in one of the following regions: the UK, Australia or the US. The Top Ten Outstanding Property Specialists recognises the outstanding contribution made by individual property experts who have, collectively, shaped the built environment in any one of our key markets: The UK, Australia or the US. Previous winners include Doron Peleg, Marion Mays, Bushy Martin, Nathan Birch, Zaki Ameer, Andrew Crossley, Stephanie Brennan, Bradley Beer, Tracy Leske and Jennifer Norcliffe. Top ten winners will be announced in December 2020. To find out how to nominate email tpieditor@email.com.
Bradley began his career at BMT as a qualified Quantity Surveyor in 1998, working with two of the founding Directors to build the company from the ground up. After 6 years of successful performance and supporting year on year growth, he became a Director in 2002 and Managing Director in 2012. Since then, Bradley’s leadership and specialist experience in property tax depreciation and construction cost consulting has resulted in strong yearly growth. In 2015 Bradley was appointed Chief Executive Officer.Bradley’s experience as both CEO of BMT and personally as a successful property investor has led him to become a highly sought after speaker at many national property related events and conferences, as well as a regular contributor and sometimes guest host on the Sky Business channel’s Your Money, Your Call program.
The rules around property depreciation are confusing at the best of times. Bradley Beer of BMT will walk you through the ifs and whens of property depreciation.
The rules around property depreciation are confusing at the best of times. Bradley Beer of BMT will walk you through the ifs and whens of property depreciation.
If you've never really bothered with depreciation schedules, you need to listen to this episode of the Get Invested podcast to see what advantages and tax deductions you're missing out on! My guest is Bradley Beer, the CEO of BMT Tax Depreciation. With half the market share in the country, Bradley and his team are great at what they do, and in our conversation he shares top tips on optimising depreciation on your property. Bradley began his career at BMT in 1998, working with two of the founding directors to build the company from the ground up. He now works as the company's CEO, helping to produce strong yearly growth with his leadership and specialist experience in property tax depreciation. His experience as both CEO of BMT and personally as a successful property investor has led him to become a highly sought-after speaker at many national property related events and conferences, as well as a regular contributor and sometimes guest host on the Sky Business channel's Your Money, Your Call programme. We get into all of the above, plus all of this stuff too: Bradley's driver and motivation for doing what he does Three simple fundamentals that are important for a long-term career in business The value of doing a job properly and with integrity Why you should treat every client with the care that you would want to be treated with Attracting top talent who believe in your company's culture What every property investor must do before buying Why Brad regrets not buying mortgage insurance in his early years The pros and cons of holding onto debt in controlling risk How building a wholesale property can help you grow equity quickly Links BMT Website BMT Insurance Website BMT Facebook BMT LinkedIn BMT Twitter
An obvious reason for people to become involved in property investment is to take advantage of market appreciation as a way of increasing their wealth, so the concept of depreciation may not even be something that they might consider. In this episode, Smart Property Investment's Phil Tarrant is joined by Bradley Beer, CEO of BMT Tax Depreciation to discuss what depreciation is and the impact that calculating it properly will have on your tax situation. Bradley will also discuss the tax complications which recent changes to depreciation law will have for investors as well as some variations which may impact those buying interstate, but will also look at what has stayed the same and how to best utilize that to your advantage. The pair will also cover scrapping, the biggest misconceptions around depreciation, and whether there are more legal changes set to come. You'll hear all of this and much, much more in this episode of The Smart Property Investment Show! If you like this episode, show your support by rating us or leaving a review on iTunes (The Smart Property Investment Show) and by following Smart Property Investment on social media: Facebook, Twitter and LinkedIn. If you have any questions about what you heard today, any topics of interest you have in mind, or if you'd like to lend your voice to the show, email editor@smartpropertyinvestment.com.au for more insights! RELATED AREAS OF INTEREST: New v existing — which one should I choose?Double standard property legislation passes both houses How will a change in government affect property investors?
Bradley Beer, CEO of BMT Tax Depreciation, will share the foundations of his strategy for manufacturing equity. You'll also hear how the depreciation guy rent-vested his way to attaining wealth, how an app can help you calculate your depreciation number and what the new federal budget changes mean for you as a property investor in 2017.Discover how the things you throw away during a renovation could benefit you when tax time rolls around, why educating yourself on depreciation before making that investment is important and how before you follow an "expert's" advice, you need to first make sure that they are not full of it. See acast.com/privacy for privacy and opt-out information.
Bradley Beer, CEO of BMT Tax Depreciation, will share the foundations of his strategy for manufacturing equity. You'll also hear how the depreciation guy rent-vested his way to attaining wealth, how an app can help you calculate your depreciation number and what the new federal budget changes mean for you as a property investor in 2017.Discover how the things you throw away during a renovation could benefit you when tax time rolls around, why educating yourself on depreciation before making that investment is important and how before you follow an "expert's" advice, you need to first make sure that they are not full of it. See acast.com/privacy for privacy and opt-out information.
Bradley Beer, CEO of BMT Tax Depreciation, started as a second year uni student as first employee of thiscompany. His career has been intertwined with the expansion of his property portfolio throughout NSW and Victoria, eventually becoming a partner in BMT.Discover how Beer turned a cockroach-infested shed for $170,000 into $600,000, how he leapfrogged into his next property and why controlling your risk through finance is vital to attaining wealth through property investing. See acast.com/privacy for privacy and opt-out information.
Bradley Beer, CEO of BMT Tax Depreciation, started as a second year uni student as first employee of thiscompany. His career has been intertwined with the expansion of his property portfolio throughout NSW and Victoria, eventually becoming a partner in BMT.Discover how Beer turned a cockroach-infested shed for $170,000 into $600,000, how he leapfrogged into his next property and why controlling your risk through finance is vital to attaining wealth through property investing. See acast.com/privacy for privacy and opt-out information.
We've got Bradley Beer, CEO of BMT Tax Depreciation on the podcast today! Now, some of you might remember Bradley back in Episode 10 where we talked about what is a tax depreciation schedule, how it works and if all [...] CONTINUE READING The post Episode 117 | Everything You Need To Know About Depreciation Changes – Chat with Bradley Beer, CEO of BMT Tax Depreciation appeared first on The Property Couch.
If you were to ask an investor if they wanted to save $149 per week on a property, we can guarantee you that no one would say no… BUT that's exactly what too many folks are doing when they don't use tax depreciation right! (Check out the case studies here if you don't believe this number…) Today we're excited to be discussing this topic with the help of our good friend and first-ever guest to the show: Bradley Beer! As the Managing Director of BMT Quality Surveyors, Brad is the ultimate guru of tax depreciation. In this episode, he'll explain exactly what tax depreciation is and how and when you can use it. Keep in mind, however, buying a property for its depreciation should NEVER be your main reason for investing! Instead, we unpack the important depreciation factors you should be looking at, why 1985 and 1987 were very important years when it comes to tax depreciation and outlining what quality surveyors do (with some real stories from Bryce and Ben!) It's another jam-packed episode, tune in now for the gold on tax depreciation! BEST-SELLING BOOKS:- The Armchair Guide to Property Investing: Learn how to build a property portfolio that creates $2K per week in passive income - no previous experience needed!- [Free] Make Money Simple Again: Discover the secret money management system that'll allow you to trap surplus cash and make your work harder - all for less than 10 minutes a month.WORK WITH OUR AWARD-WINNING TEAM >> FIND US HERE:- Website- Instagram- Facebook- Youtube