All Entries Tagged With: "Tax"
Land Tax calculations for New South Wales
Property Investors are charged land tax in all states and territories of Australia.
As in all areas of Australia, Land Tax is payable on the total value of land held by an owner, be it a sole owner, joint owner, trust or whatever. Various states have different rates of land tax so if you own properties, [...]
How Long Will It Take To Eliminate My Job
Steve Cook successfully bought and sold real estate to gain financial freedom but even in doing that he says, “money itself is not going to make you happy or buy happiness. Money just makes it easier to write more cheques ……
Rental deductions – be aware the ATO are coming
CPA Australia has warned that the Australian Tax Office has property investors under close scrutiny this financial year due to suspicions that rental deductions are being over-claimed ….
Regular Tax Refunds for Property Investors
Are you aware that you do not have to wait until the end of the financial year to get your tax deductions?
It is possible for you, as a property investor to get your tax refund made on a regular …
Income Tax Withholding Variation
When do you get your tax benefit?
Investors who gear their property to gain maximum income tax benefits and who are subject to normal withholding tax from their weekly pay attract substantial tax …
Property Selection and Tax Benefits
How can property selection nearly double your taxation benefit?
Following on from the example in the article Property Gearing and Taxation, here is a further explanation. The interest and rental …
Investment Property Tax Tips
Here are some Tax Tips for your Investment Property…
More than a million Australians claimed they lost money on renting out homes in 2005-06, resulting in a collective tax break to them of…
