Rental Properties

Introduction: Investing in real estate can be a rewarding journey, especially when it comes to securing your financial future. In Australia, property investment has long been a favoured avenue for wealth creation. However, with great investments come great responsibilities – particularly when it comes to taxes. Enter the realm ofRead More →

Gearing in the context of real estate investment refers to the strategic utilisation of borrowings to assist in the purchase of a property. It’s essentially a financial lever that allows investors to improve their potential returns. However, the crucial distinction lies in whether a property is positively geared. When aRead More →

Congratulations on your rental property purchase! When visiting your tax accountant for the first time, make sure to bring your conveyancer letter detailing the purchase, loan statements reflecting borrowing costs and bank interest, and information about your rental income and expenses. These documents will help your accountant accurately advise youRead More →

Investing in rental properties is a popular strategy for generating passive income and building long-term wealth. The Australian property market, in particular, offers attractive rental yields and stable growth, making it a compelling investment opportunity for those looking to diversify their portfolio. In this article, we will explore three reasonsRead More →

If you own a holiday home and rent it out to tenants, it is essential to understand the tax implications and how to apportion rental tax deductions. While renting out your property can generate significant income, it also means that you may have to pay tax on that income. InRead More →