Category: Property
CGT and the family home: expats and foreigners excluded from tax exemption
Late in 2019, legislative changes were made that exclude non-residents from accessing the main residence exemption.
Purchasing Property In Trusts In Victoria
The SRO have recently announced that any discretionary trust purchasing property in Victoria will need to have an express beneficiary exclusion clause to avoid the additional purchaser duty of up to 8%.
Claiming travel expenses for a rental property
Since 2017, the rules surrounding property travel expense claims have been different for residential and commercial properties.
How to save land tax with effective structuring.
Land tax is an absolute killer when it comes to investment properties.
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.