Posts

Guest post: Depreciation on investment properties

We have a guest post from our friends over at Capital Claims Tax Depreciation. How claiming for depreciation boosts cash flow Right now cash flow is front of mind for so many landlords.  With the economy hurting, maximising cash flow from…

Vacant land deduction changes

Legislation that passed through Parliament last month prevents taxpayers from claiming a deduction for expenses incurred for holding vacant land. The amendments are not only retrospective but go beyond purely vacant land. Previously,…

Positives and negatives of gearing

Negatively gearing an investment property is viewed by many Australians as a tax effective way to get ahead. According to Treasury, more than 1.9 million people earned rental income in 2012-13 and of those about 1.3 million reported a…
rental property tax expenses

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.  In general, deductions can only be claimed if they were incurred in the period that you rented the property or during…
Rental Investment

Own an investment property?

Get ready for tax time Tax time has arrived, and we have put together some practical information to help rental property owners prepare and lodge your tax return this year. There are helpful resources available for rental property…
,

List of possible deductions

Can you believe it's tax time again already? As we aren't holding in person tax return appointments this year, all information will be collected using our Tax from the Couch. If you'd like to gather your information in a spreadsheet prior…