Property Investment

Are you renting out a residential or Commercial property?

There are a number of considerations you need to be aware of. 

There are a number of areas where property investors make mistakes with their tax . The area of repairs versus capital improvements is one of the most common.  Interest claims on rental property are another area where investors miunderstand the tax laws and deductibility of interest.

If you have a property that was once your principal place of esidence you need to talk to us immediately.

If you are about to rent out the property that is presently your principal place of residence, and you have borrowed to purchase another property to live in, you need to talk to us immediately.

It sounds simple to rent out a property, the tenants pay your Mortgage and you accumulate wealth as the property price          just  goes up and you will be able to retire rich !!!!!  Does this scenario sound familiar ?

Well, not many people find that this is the actual script that plays out over time. You manage to rent your property through an estate agent, who finds you the tenant from hell, the rental is not what you throught it would be, interest rates are rising, the tenant leaves and you cannot rent the property out due too damage or need for repairs etc

Well, you need to talk to us, as we have many years of experience in property investment tax issues. Come and meet with us for a free no obligation 30 min consultation and discuss your situation. Ring now on 9832 0900  to book an appointment. You will find out how to make your property investment work financially for you. You will also be able to find out how to manage your day to day rental situation, a comprehensive overview of tax deductions available and have a much more successful rental experience.