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What is Negative Gearing? – How it Works

Negative Gearing Example What Negative gearing is and how it works Many speculate as to what negative gearing is. To individuals who are new to property investing, the expression might seem complicated. But it’s relatively simple, let me explain by way of a...

4/5 – Claiming your holiday rental property deductions

Tax implications with personal use of holiday property Previously I interviewed Michael about his long-term rental investment unit. Now it’s time to talk about what deductions he can claim for his holiday house, which his family uses ech year during the Christmas...

3/5 – Income from renting your property

Income & Expenses from Renting Your Property – Tax Issues Case Study: Michael & His Wife Jenny. If you have finally settled on your rental property and your tenants have moved in, you’ll need to work out what income to declare. Michael  purchased an...

2/5 – Buying a rental property

Jim’s Tips on Buying a Rental Property Many people consider rental property as a very solid form of investment and a smart way to create wealth but it doesn’t suit everybody; so be sure to get independent advice on buying a rental property. If you have a stable...