Investment property ownership is one of the most effective ways of building wealth over time, however there are traps and missed opportunities if care is not taken.
We can help with
- Rental Schedules, making sure the deductions are claimed correctly and nothing is missed
- Capital gains review and planning
- Arranging your borrowing capacity review, new finance to purchase a property or refinance
- Arranging a depreciation report
- Preparing and lodging PAYG Variations to assist with cashflow, reducing tax deducted from wages today, rather than having to wait till the end of the year
- Land tax planning
TIPS:
Remember, as a new owner, YOU must lodge the initial land tax return. YOU must initiate it
TIPS:
Investing across multiple states can help reduce or eliminate land tax