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Archive for category: Investment Property

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The controversial case of the taxpayer who claimed a loss on their home

Explore the intriguing case where a taxpayer claimed a loss on a home sale as a tax deduction, challenging standard property tax norms and the ATO's view.

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The controversial case of the taxpayer who claimed a loss on their home
( Posted in: Investment Property )

Warning: Redrawing investment loans

Discover the tax complexities of redrawing investment loans. This article sheds light on ATO’s scrutiny and the need for correct reporting.

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 Warning: Redrawing investment loans
( Posted in: Investment Property )

Is ‘downsizing’ worth it?

Downsizer contributions are an excellent way to get money into superannuation quickly. And now that the age limit has reduced to 55 from 60, more people have an opportunity to use this strategy if it suits their needs.

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 Is ‘downsizing’ worth it?
( Posted in: Investment Property )

Preparing For Your Rental Property’s Tax Deductions

Property is a solid investment opportunity for those looking to increase their financial security. If you are a landlord, you may be looking for ways to reduce your tax liability this year. This may assist you in turning your property’s cash flow from a negative into a positive.

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Preparing For Your Rental Property’s Tax Deductions
( Posted in: Investment Property )

Top 10 Tips for Property Investors

Are you looking at buying an investment property? There’s no one-size-fits-all method to property investing, it requires an individualistic approach. You need to recognise and focus on your own specific goals, needs and situations to succeed.

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Top 10 Tips for Property Investors
( Posted in: Investment Property )

The ATO examines property investors as deduction issues increase

The ATO has issued a warning to property investors this tax time following rental income and deduction errors found in over 70 per cent of tax returns audited last financial year

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The ATO examines property investors as deduction issues increase
( Posted in: Investment Property )

Tax exemption for ‘granny flat’ arrangements

To protect older Australians, the Government has moved to formalise ‘granny flat arrangements’ by providing an incentive to protect all parties in the arrangement.

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Tax exemption for ‘granny flat’ arrangements
( Posted in: Investment Property )

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.

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SMEs Must Speak To Both Their Accountant And Broker Before Purchasing Property
( Posted in: Investment Property )