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.
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What is land tax? Who should pay it? And can I reduce this major property cost which seems to eat into my rental income disproportionally? These questions are often asked by serious property investors who already have or are in the process of building a significant property portfolio. As is the case for most taxes,…
Capital Gains Tax (CGT) is one of those things that most investors know they will probably have to pay one day – and then promptly forget about it! The reality is that CGT can be difficult and confusing to understand, let alone calculate, so it’s important to have specialists on your side – and especially…
It’s a common philosophy in property investment to start with the end in mind. Unfortunately, this is often easier said than done, and loan structuring is one such overlooked strategy that could save investors tens of thousands of dollars over the course of their property investment journey. While this article will outline some of the…
It’s hard to believe that we are now nearly into the third decade of the 21st Century! It only feels like yesterday that we were all celebrating the start of it. I’ve always believed that the start of every year is the ideal time to consider your wealth creation goals. So, why don’t you ask yourself…
![Best time to renovate a home that will become an investment | Ask the Tax Expert [video]](https://cdn.propertyupdate.com.au/wp-content/uploads/2018/01/renovate-home-270x200.jpg "Repair, refurbish, or renovate?")
When is the most tax effective time to undertake a renovation? You’ll find out as you watch this week’s Ask the Tax Expert video as Ken Raiss answers Lynda’s question about when is the best time to renovate her new home that she’s buying using a First Home Owner’s Grant. You see…she plans to make…
Thinking of converting your home to an investment property one day? You’re not alone… In my many decades as a tax specialist, I’ve been asked almost every question but some are more common than others. And one of these is: “My spouse and I are thinking of upgrading our home but want to keep our…
The thing about property investing is that eventually you, or your beneficiaries if you hold for the extremely long-term, will likely have to pay Capital Gains Tax (CGT). WHAT IS THE CAPITAL GAINS TAX? HOW MUCH IS IS THE CAPITAL GAINS TAX? HOW TO CALCULATE YOUR CAPITAL GAIN? HOW TO AVOID THE CGT BY LIVING…
Attention property investors: your friends at the Australian Taxation Office might be taking an a much closer look at your tax return than you will be comfortable with this year. Assistant tax commissioner Gavin Siebert said the tax office has made property rental deductions a top priority this tax time explaining that… “A random sample…
![Attention Property Investors - The Tax Man is after you! | ASK THE TAX EXPERT Ken Raiss [Video]](https://cdn.propertyupdate.com.au/wp-content/uploads/2019/02/land-tax-270x200.jpg "CASE STUDY: The cost of poor advice. Paying CGT on the sale of the home")
Will your investment property make you a TARGET for the tax man? Attention property investors: your friends at the Australian Taxation Office might be taking an a much closer look at your tax return than you will be comfortable with this year.. Assistant tax commissioner Gavin Siebert said the tax office has made property rental…
![Ask the Tax Expert [video] — How will the capital gains tax be calculated on a home that becomes an investment property?](https://cdn.propertyupdate.com.au/wp-content/uploads/2018/05/tax1-270x200.jpg "Ask the Tax Expert [video] — How will the capital gains tax be calculated on a home that becomes an investment property?")
How will the capital gains tax be calculated on a home that becomes a rental property? You’ll find out as you watch this week’s Ask the Tax Expert video as Ken Raiss answers Hamish’s question which is quite common as for many people their first home isn’t their final home and turns into an investment….
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