Archive for category: Property
News
SMEs Must Speak To Both Their Accountant And Broker Before Purchasing Property
If the accountant and broker are working separately, neither parties will be informed of important details on their end.
... read moreAirbnb Renters To Be Under Tax Office Scrutiny
Similarly to last year, users of the highly popular Airbnb platform will struggle to get away with illegal deductions on their 18/19 tax return.
... read moreDo 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.
... read moreATO Continues To Knuckle Down On Property Claims
If you own an investment property, it’s more important than ever that you know what you can and can’t claim in your tax return.
... read moreProperty Spruikers Aim To Steal Your Money
Introducing my pet peeve: property spruikers. I can’t stand them.
... read moreProblems That Occur When Subdividing Your Land
Many Australians decide to subdivide their backyard without considering how that can affect them from a tax point of view.
... read moreWhat’s The Tax Benefit Of A Negatively Geared Property?
With a negatively geared property, you’re going to have generated a loss, and that loss is then used to reduce your taxable income and increase your tax refund at the end of the year.
... read moreUtilising Redraw For Your Investment Property
My client, let’s call her Rachel, is planning on moving into this property for one to two years and renovating it during that time, before moving on to her next property and renting this one out. There are many things to think about when getting a mortgage but I am only going to look at the potential tax effects of different loan structures.
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