The BMT Replacement Cost Estimator, BMT Rep Cost, uses BMT Tax Depreciation construction cost data to provide a guide on the estimated replacement cost for residential properties
The BMT Replacement Cost Estimator, BMT Rep Cost, uses BMT Tax Depreciation construction cost data to provide a guide on the estimated replacement cost for residential properties.RepCost allows individuals to estimate the replacement cost of their residential property. Often when estimating the costs to replace a building for insurance purposes, important items such as demolition work and the removal of debris can be forgotten about.BMT RepCost estimates include:• The cost to rebuild• Demolition
/removal of debris• An estimate of construction costs as they increase over timeThe App’s simple interface provides users with a list of questions to complete. The calculator will then determine the minimum and maximum cost range for the replacement of a building. RepCost also allows individuals to set a reminder for updated property replacement costs each year. Learn more about BMT Tax Depreciation: BMT Tax Depreciation specialise in maximising depreciation deductions for property investors Australia-wide. The Australian Taxation Office (ATO) allows investment property owners to claim a deduction related to the building and the 'plant and equipment' assets contained within it. Depreciation can be claimed by any owner of an income producing property. This deduction essentially reduces taxable income for investors – they pay less tax.Every investment property should have a tax depreciation schedule completed to unlock its full cash flow potential. Property owners could be saving thousands of dollars every year. To learn more about property depreciation or to request a quote visit our website at www.bmtqs.com.au
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