Property investors often manage their own investment properties, especially retired or semi-retired investors. The tougher financial conditions that we have all experienced has seen some investors take on their own management in an endeavour to save costs, or make some extra money, whichever way you look at it. (Is the glass half full or half … Continue reading Do You Manage Your Own Investment Properties?
There are 3 weeks left until the end of the financial year so it is time to get those last minute repairs done if you want to claim them in this financial year. Maintenance Expenses Property maintenance expenses are those that are incurred in bringing the property back to a safe standard. It could be … Continue reading Maintenance Issues To Fix?
The Australian Taxation Office (ATO) produces may publications and it pays to stay in touch to keep tabs on what taxation and rental property laws are changing. A publication called Rental Properties 2010 details rental income and also expenses, how to account for depreciation and other tax-deductible costs associated with property investments. for more information visit their … Continue reading Rental Income Taxation Deductions
Capital gains tax is one tax that constant has property investors wondering if they are taking the right steps when renting out their house. Many home owners who have built equity in their homes decide that renting it out and buying a better, often larger property for them to live in is the answer to their … Continue reading Capital Gains Tax Re Renting Out Your House
Yes, property investors, it is that time again when the end of the financial year is nigh! Are you organised? Is it time to sort through that paperwork so that everything can be delivered to the accountant quick smart at the beginning of July? Save yourself some accountancy fees: if you own several properties then … Continue reading Tax time again!