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Property

Can I Claim Travel Expenses For My Rental Property?

Travel expenses relating to inspecting, maintaining, or collecting rent for a residential rental property cannot be claimed as deductions by investors. The travel expenditure is also not recognised in the cost base of the property for CGT purposes.

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Can I Claim Travel Expenses For My Rental Property?
( Posted in: Allied Health )

Online Accommodation Rentals To Be Targeted By ATO

Australia has seen a huge surge in property owners renting their house or rooms out via the likes of the hugely popular Airbnb app. As a result, the ATO are now going to gain access to data match these online platforms.

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Online Accommodation Rentals To Be Targeted By ATO
( Posted in: Allied Health )

Rental Bond Data Matching By The ATO

The ATO is expanding its data matching program to include rental property bond data dating back to 20 September 1985 (the introduction of the CGT regime).

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Rental Bond Data Matching By The ATO
( Posted in: Investment Property )

Family Planning: Applying For A Home Loan With A Baby On The Way

Purchasing a home and having a child are two of life's most stressful events. What on Earth happens when both are occuring at the same time?!

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Family Planning: Applying For A Home Loan With A Baby On The Way
( Posted in: Lending & Finance )

GST On Property - Will It Affect You?

There have been some changes to how GST on new properties is accounted for.  These changes are now law, coming in as of 1 July 2018. We are now seeing a number of clients asking how this will actually work.

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GST On Property - Will It Affect You?
( Posted in: Investment Property )

What Do You Need to Know About Airbnb?

So there are extra rooms that you don’t use and it’s just occurred to you that the extra cash that could come in from renting a room or two on Airbnb outweighs the negatives of having a complete stranger in your home... OK, what do you need to be aware of?

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What Do You Need to Know About Airbnb?
( Posted in: Investment Property )

Estate Planning for Rental Property Investors

Good tax planning should involve the inclusion of a testamentary trust as part of the estate plan. There are some little known tax concessions which executors should be aware of when it comes to these trusts and your principle place of residence which I have explained below.

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Estate Planning for Rental Property Investors
( Posted in: Living Estate Planning )

CGT and the family home

Expats and foreign residents beware! The family home of foreign residents and expats may be taxed if legislation before Parliament is passed by the Senate.

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CGT and the family home
( Posted in: Lending & Finance )