Hi, I'm wondering if I capitalise LMI on my owner occupier property and then turn it into an investment loan in 12 months, would the subsequent...
I've got a guy painting the inside of an apartment (ceiling, walls and woodwork). What should I get him to write on the invoice so I can claim...
Could someone please inform me of the legitimacy of this strategy for someone with a taxable income of 130k (made up of income, dividends and...
I was speaking to a friend about this over the weekend and he mentioned something that made me want to learn more. I own a business that I have...
I'm wanting to move out in a few months and i've got an investment property. I'm wondering if i should live in investment property & also pay off...
Hi, I am a 51yo full time employed employee and have the std super contribution of 9.25% (I think) paid into my nominated super account. My...
Generally, it is better to claim an expense against the income it relates to in the year it is incurred compared to claiming it against the CGT...
Fee-HELP and Deductibility of Course Fees If you are studying a course relating to your current employment and you defer payment of the fees by...
I work for a startup (with home as a primary office on my offer letter with a lot of interstate travel). Outside of my base and bonus salary, I...
Hi there Just wondering if loan fees and associated costs are tax deductible, loan for construction of IPs. Ie: Commercial Loan for...
I self manage a block of units, as well as doing the majority of the maintenance tasks. I have read the ATO's Rental Properties Guide and am able...
We are temporarily renting out our home while we go overseas. Can we claim the cost to store some of our furniture whilst the home is rented...
Hi Guys If my wife and I have an investment house under both our names how does it work when claiming the tax deductions? I was hoping for my...
Hi all, Wondering what people's thoughts are on the following scenario. I have a PPOR at 1mil with a home loan of 700k. I also have a spare...
Because recent smoke alarm testing at my QLD IP's has indicated that they are not compliant (based on the new legislation), I'm getting them...
Hi all I hope I am not asking too much with this estimate but the idea is that it will help me budget how much rent pw I could pay as a tenant....
Hey everyone, I currently have a home loan secured with my investment property with an offset account. I have been keeping all of my extra funds...
Straightforward (hopefully!) question to refresh ahead of hitting tax return time. Which of the following bank related fees are tax deductible? -...
Hi all, Just checking on whether people agree that a credit card surcharge incurred with paying investment property expenses (council rates,...
Hi, where can I deduct loss in Forex/Share Trading? Against personal income? Against property rental income? Against future Forex/Share gains?
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