Category: Property
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.
Do I Have To Pay GST On My Residential Property Development?
It’s easy to become confused about GST and how it applies to residential property developments.
Are My Insurance Proceeds Taxable Income?
As you can imagine, we get all sorts of weird and wonderful stories when we have clients come in to get their tax returns done at the end of the financial year.
The Unfortunate Tax Reality For Insurance Proceeds
When it’s comes to tax time, you’ll find out some pretty bad news.
Those insurance proceeds you received are actually taxable income.