Optimising Tax for Short-Term Rentals in Australia
Explore the impact of Airbnb on property rental in Australia and master the essentials of tax for short-term rentals with TaxTank. Optimise your earnings seamlessly.
19/02/2024
Explore the impact of Airbnb on property rental in Australia and master the essentials of tax for short-term rentals with TaxTank. Optimise your earnings seamlessly.
As a savvy property investor, you need more than just a good sense of timing; you need the right tools at your disposal. In this article, we’ll dive into the
Discover the advantages of utilising tax software for your property investment in Australia. Learn how this tool streamlines processes, enhances accuracy, and maximises returns.
Switch from Investment Property Spreadsheet Management to Tax Software
Queensland’s rental law landscape has recently undergone significant changes that have important implications for both landlords and tenants. This blog article explores the Queensland rental law changes and their specific impact on landlords, particularly in light of potential interest rate increases.
Congratulations! You’ve just sold your house for a tidy profit. Now what? Depending on how long you’ve owned the property, and how you’ve used it, you may be liable for capital gains tax (CGT). Don’t worry – we’re here to help. In this article, we’ll break down everything you need to know about CGT, including how to calculate it and what exemptions may apply. Let’s get started!
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.
Capital gains tax (CGT) is one of the many important factors that a property investor must take into account when making big investment decisions.
Housing affordability continues to be a hot topic and the often-raised suggestion of replacing stamp duty on the sale of a property with a universal land tax is back on the table.
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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