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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...

1/5 – Rental Property and Tax in Australia

Rental Property and Tax in Australia Buying and owning one or more rental properties can be an exciting pursuit, but it should be done with eyes wide open. If you’re looking to buy a rental property, or are renting out a property you already own, or are thinking...