Investment Property

If you invest in a rental property or rent out your current property, you’ll need to keep records right from the start, work out what expenses you can claim as deductions, and declare all your rental-related income in your tax return.

Any capital gain you make when selling or otherwise disposing of the property will be subject to capital gains tax (CGT) except in some circumstances where you rent out the home you’ve been living in.

Our experts will make certain you claim all the deductions you’re entitled to, including:

  • advertising for tenants
  • body corporate fees and charges
  • council rates
  • water charges
  • land tax
  • cleaning
  • gardening and lawn mowing
  • pest control
  • insurance (building, contents, public liability)
  • interest expenses
  • pre-paid expenses
  • property agent’s fees and commission
  • repairs and maintenance
  • some legal expenses

Our qualified tax accountant will make tax simple for you, no matter how complex your arrangements.