Property investment tax

When it comes to tax, unless you are a professional, it can be difficult to navigate your way through the maze. But understanding the basic taxation laws and your rights as a property investor is imperative to the success of your investment career. We’ve made it a little easier for you by providing a guide to all the taxation questions you need answered.

Latest posts
Who controls a self-managed super fund?
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When you set up a self-managed super fund (SMSF) you need to understand what it is, and also what it isn’t. Firstly, an SMSF is a trust and, like all trusts, it’s not a legal entity. Therefore the fund needs a trustee who makes decisions, opens up bank accounts, completes the tax return and so…

Capital Gains Tax changes 5 times more costly than negative gearing changes
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The ALP’s proposed ban on negative gearing has been well publicised and debated. However, its proposed changes to Capital Gains Tax (CGT) have received far less attention. I suspect that this is because investors tend to overestimate short-term consequences and underestimate more significant long-term outcomes. But, since most of us are long-term investors, I’d suggest…

Property Investors - The Tax Man is watching you!
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The Tax Office is ramping up audits of property investors. This comes after the ATO checked a random sample of returns with rental deductions and found nine in 10 claims contained errors. The ATO audited 1500 taxpayers with rental claims and applied penalties totalling $1.3 million in 2017-18, but expects to carry out 4500 audits…