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You’ve just purchased your first investment property and are looking for ways in which you could reduce your taxable income through tax depreciation. One of the ways in which you can maximise the tax deductions on your investment property is through assessing the effective life of your assets. How do you assess the effective life […] continue reading

As a first-time property investor, I’m sure you’ve heard that tax depreciation deductions are typically one of the largest tax deductions you can claim as a property investor in Australia. But it can be quite overwhelming navigating through the different claimable tax depreciation deductions. For example, you may know that there are two different depreciation […] continue reading

Deciding on the best property investment strategies for you can be a daunting task, especially if you’re a first-time property investor. But give yourself credit! You’ve already accomplished a big part of the daunting task - making the actual decision to invest in the property market. If you can take one bold step towards a […] continue reading

Discovering how to avoid capital gains tax when selling your investment property can save you thousands of dollars. Yet so many first-time property investors continue to be overwhelmed at the thought of potentially paying capital gains tax on the hard-earned growth of their investment. But don’t be discouraged, we have some good news for all […] continue reading

You’re thinking about having your rental property become your main residence. But you aren’t sure if the decision comes with any tax consequences. Will the move affect the tax deductions you claim? Is it possible to turn my rental property into my main residence and still rent a part of it out? Will you still […] continue reading

Not sure if stamp duty is tax-deductible? You’re not alone. Many first-time investors find themselves asking this. It’s not surprising because stamp duty is the one acquisition expense that is likely to poke a significant, perhaps unexpected, hole in your budget. This article will equip you with all you need to know about stamp duty […] continue reading

The low value pool deduction is a clever strategy that lots of property investors don’t realise they can take advantage of come tax time. So what can you do to make sure that you can keep more money in your pocket? Well, using low value pool deductions, you can depreciate the value of your assets […] continue reading

Knowing about your investment property tax deductions will undoubtedly boost your tax return. However, many investors miss out on expense claims because they aren’t equipped with the knowledge presented by the Australian Tax Office (ATO). Seeing the full potential of all the tax breaks available to you could be the difference between you hoping to […] continue reading

Property investors can save thousands of dollars by simply understanding the capital gains tax property 6-year rule.  Additionally, you can save money by understanding capital gains tax (CGT) consequences before you rent out an investment property. Here’s some insight into the steps that will guarantee you’re not liable for any CGT when you decide to […] continue reading

Airbnb tax deductions and the interpretation of how taxation laws revolve around using your property for Airbnb cause a lot of confusion to say the least. Not only are investors keen to find out what they can claim, but they also need to understand how much they can claim as well as what the implications […] continue reading