I am not sure how to explain what I am after. I think I want to know if there is a way to optimise negative gearing. I converted my PPOR to IP....
Hi all, I have an investment property last financial year (interstate) and would like find an accountant to help me with income tax, property...
hey gang, i have a question re claiming interest on properties when doing your tax. Say i make 100k PAYG and i have say 30k in rent from renting...
Hello all, Hoping to get your collective thoughts on my scenario. I'm a few months away from completing a 4 townhouse development. My original...
I have a scenario I am hoping you could assist with, The client is not sure what type of structure he should be buying properties he intends on...
I bought brand new property in 2019 and it has appreciated by over 50% in value. I am wondering if it's worth getting new depreciation schedule...
I spent over $3000 on removing trees after the purchase of the property. How can I get the tax deduction? Can this be depreciated over a few years?
We obtained legal advice before signing a loan document. Can this expense be considered a borrowing expense and be tax deductible?
My IP was settled in early Jun. I did some reno prior to renting it out in August. Are the council rates I paid during settlement tax deductible...
Hello Comrades, I started preparing my lovely tax return and noticed that during 2022/2023 I refinanced all my investment loans. Several...
Hi all, I have a propety in Perth with a property agent. I have a report end of financial year so I know how much income and expenses are. So I...
I was trying to find a post with a similar simple question/situation so please bear with me. I've got a holiday house in Lake Macquarie that I...
Hi all I was intrigued by one of Terry's recent posts...
Surging company and personal tax payments have swelled the federal government’s budget surplus to $19 billion The surplus recorded over the...
Hi all, When a lender offers a cash back incentive to refinance across to them - is the cash reward subject to tax? I assume this isn't the...
FY23 is my first full year with an IP and I am starting to put the data for my tax return together while I have some time off work. I will use an...
I know this is a basic question! I'm in my 30s, self-employed, and want to open a super account and start paying myself super using my before-tax...
Hi everyone, I'm a New Zealand Citizen, but have been living in Australia for just over 10 years. I have some Australian and US stocks I have...
This has probably been asked and answered before but bear with me. Scenario: I have 2 investment properties - A and B. Property A is worth...
Generally, the trustee of a discretionary trust must resolve to make beneficiaries entitled to the income of the trust and this must be done...
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