Business pool lucrative for small hotel owners - BMT Tax Depreciation
Small hotel owners should make sure they have a general understanding of the available depreciation incentives that can boost their cash flow, according to BMT Tax Depreciation.
Holiday parks offer plenty of activities and depreciation deductions
Holiday Parks can potentially carry thousands, and even millions, of dollars in depreciation deductions available over their lifetime, according to BMT Tax Depreciation.
How to maximise your cash flow during the off-season
One of the best ways to maintain a healthy cash flow during this time is to have a tax depreciation schedule prepared for the property according to BMT Tax Depreciation
BMT Tax Depreciation have advised that boutique hotel investors may be eligible for thousands of dollars in property depreciation deductions, a non-cash deduction, meaning hoteliers don’t need to spend any money in order to claim it.
Hotel market prime for new development, owners reminded of significant depreciation benefits - BMT Tax Depreciation
Things are looking positive for the Australian hotel market in 2019, although this may not be obvious from performance statistics from the past financial year.
Reduce hotel fit-out costs with depreciation deductions
What commercial and hotel property tenants are often unaware of is that they are entitled to claim deductions in the form of depreciation for many of the assets installed during the fit-out of a property.
Don’t sweat it – save thousands on your hotel gym with depreciation
A single piece of commercial gym equipment can easily cost more than $5,000 so it’s easy to see how a hotel gym could hold hundreds of thousands of dollars of equipment and assets - It’s crucial that hoteliers are aware that they can recoup many of these costs by claiming depreciation.