Link to Australian Tax Office Rental Guide
The Australian Tax Office has a comprehensive brochure available with information on the tax issues affecting rental income, expenses that are deducted in the year of expenditure and those that must be claimed over a number of years, capital gains and negative gearing.
This can be accessed by clicking here.
The amount of information in the brochure is quite extensive and well worth having a read of and is one of the tools that will be discussed at the Property Investment Seminar being run by Gold Coast Mortgage Broker FinancialPlus this coming Tuesday – 1st June – at 7.00 pm. It’s a free seminar that will contain a wealth of information and places can be secured by contacting FinancialPlus on 07 5564 5903.