With so much speculation in the air regarding the Australian property market, investors are certainly starting to think about where their portfolios stand and where to next. Research from Australian fintech startup TaxTank shows that investors are of two minds – while 54% list property market crash among their top three concerns, only 22% list it as their primary concern.
New research reveals that despite 75% of property investors reporting that they will lodge their return through an accountant this year, many are still feeling stressed at tax time.
New research reveals that a huge 63% of property investors are feeling concerned about rising interest rates, and with more interest rate rises projected over the next few months, the pressures aren’t going to ease any time soon. The research, commissioned by Australian fintech startup, TaxTank, also showed that 40% of property investors are concerned about the cost of living and more than one in ten fear they may have to sell.
Property investors aren’t always aware of the full gamut of investment property deductions that they are entitled to. In this blog post, we will discuss some of the most common investment property deductions and how you can take advantage of them.
Are you a property investor who is looking to get the most out of your tax return? If so, you may be missing out on some key deductions. In this blog post, we will discuss some of the most commonly missed deductions for property investors.
Capital gains tax has a way of hitting property sellers like a bolt from the blue when it comes time to sell their cherished investment property. Indeed, CGT often feels like an unjust attack on your profits. Nevertheless, knowing how capital gains tax is calculated, and how to reduce the potential amount of CGT when selling your investment property, might just leave you with a bigger grin on your face and a larger portion of your capital gains.
Becoming tax confident is the key to making your property portfolio work harder for you, so here are 7 tips for property investors to make your life easier when it comes to property tax!
Property investment can bring great financial rewards, but having tenants live in your property is also very risky business. Rental insurance is an important part of owning a rental property because it safeguards you and your property manager against financial risks.
A successful property portfolio doesn’t happen overnight, but with a great plan, a solid strategy and ongoing review of your circumstances, your property portfolio can secure your financial freedom. Here are our 5 steps to building a successful property portfolio!
Knowing which deductions you can claim each financial year is the key to maximising the profits from your investment property. If you’re feeling confused and overwhelmed because your rental properties aren’t performing as predicted, then it’s likely you’ve been missing out on some important deductions!
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