Category: Property
Is negative gearing always the best way to invest?
Understandably, there is a lot of hype around negative gearing. It is a highly beneficial investment strategy, after all.
Vacant land deduction changes hit ‘Mum & Dad’ property developments
The amendments are not only retrospective but go beyond purely vacant land.
SMEs Must Speak To Both Their Accountant And Broker Before Purchasing Property
Most importantly, the accountant and broker should have a strong relationship because the two areas are much intertwined.
Rental Property Expenses – What You Can And Can’t Claim
It’s not uncommon for landlords to be confused about what they can and can’t claim for their rental properties.
8 Tips For Property Investors To Avoid Being Sprung By The Tax Office
It is estimated that one in ten returns will contain errors in the 19/20 year.
10 Tips For Choosing An Investment Property
There are a few crucial things to consider before making the purchase.
Airbnb Renters To Be Under Tax Office Scrutiny
Users of the highly popular Airbnb platform will struggle to get away with illegal deductions on their 18/19 tax return.
What To Consider When Buying A Second Property
Buying your own home remains the great Australian dream – and purchasing a second property may help you take your wealth further.
Property Investors That Live In Their Rentals Will Pay More Tax
In the 2018-19 financial year, one in four investors lived in their property before renting it out.
Is Buying To Flip Still Viable In Today’s Market?
Increasing numbers of Australians have been ‘buying to flip’ – buying a property, renovating it and selling it at a profit.
ATO Doubles Rental Deduction Audits
Deliberate cases of over-claiming are treated harshly with penalties of up to 75% of the claim.
Tax Matters For Your Airbnb Room Rental
It’s important to realise that there are some tax consequences. It’s nothing too bad… Just things to be aware of.