In this episode of The Andrew Wright Property Podcast, Andrew sits down with Brad Beer, founder of BMT Tax Depreciation, to break down one of the most overlooked ways property investors can improve after-tax cash flow. If you own an investment property and you’re not claiming depreciation properly, you could be leaving thousands of dollars on the table every year.

Brad explains what a tax depreciation schedule actually is, why accountants often need a specialist quantity surveyor to calculate it properly, and how depreciation applies across both residential and commercial property. They also unpack the difference between plant and equipment and capital works, the impact of post-2017 rule changes, why renovations can create additional deductions through scrapping, and how a simple schedule can make a major difference to borrowing capacity and portfolio growth.

Andrew also shares his own experience using depreciation schedules across his portfolio, including examples where first-year deductions ran into tens of thousands of dollars. Whether you own one investment property or you’re building a larger portfolio, this episode shows why tax depreciation is not just an accounting detail, it’s a serious cash flow tool.

In this episode, you’ll learn:

• What a tax depreciation schedule is and why it matters
• Why your accountant may not be maximising your deductions without a quantity surveyor
• The difference between plant and equipment and capital works
• How depreciation can improve your after-tax cash flow
• Why even older properties may still qualify for valuable deductions
• How renovations and “scrapping” can create additional tax benefits
• What changed after 2017 for residential investors
• Why depreciation can also play a role in development feasibility and finance

To learn more about property investing, connect with Andrew, or join the community, visit:
https://andrewwrightproperty.com.au/ hello@andrewwrightproperty.com.au