RBizz Solutions Corporate Accounting & Advisory
RBizz Solutions Corporate Accounting & Advisory
One-Stop CFO Accountants Raising Businesses Globally

Rental Property

Blog tagged as Rental Property

ATO finalises guidance on the deductibility of costs relating to holding vacant land
The ATO has finalised the taxation ruling TR 2023/3, which provides guidance on the deductibility of expenses associated with holding vacant land.
RBizz Team
29/09/2023 03:36 PM - Comment(s)
Tax changes for build-to-rent accommodation
Investors in build-to-rent accommodation will benefit from an increase to the capital works deduction from 9 May 2023. Call us if you want to find out more.
RBizz Team
22/05/2023 04:55 PM - Comment(s)
5 Essential Tips for New Property Investors
Have you recently considered your journey to more financial freedom? Find out few fundamental tips to get you on the right track.
RBizz Team
29/04/2021 10:38 AM - Comment(s)
Tips For Buying Your First Investment Property
Do you want to know what you should consider before you decide to buy an investment property?
RBizz Team
25/04/2021 08:23 PM - Comment(s)
How To Claim Legal Expenses On Rental Properties?
You may incur various types of legal expenses in relation with rental properties but all legal expenses are not claimable. Please read what is claimable and what is non-claimable.
RBizz Team
03/11/2020 03:16 PM - Comment(s)
How to Invest In Property Tax-Smart?
Being tax-smart when investing in property means more than making the right property choices. If you use your property to earn income at any time, you will have tax obligation and entitlements.
RBizz Team
03/11/2020 03:14 PM - Comment(s)
How To Claim Interest On Rental Properties?
If you take out a loan to purchase a rental property, you can claim a deduction for the interest charged on the loan or a portion of the interest. However, the property must be rented out or genuinely available for rent in the income year you claim a deduction.
RBizz Team
03/11/2020 02:48 PM - Comment(s)
How To Claim Repairs & Maintenance On Rental Properties?
You may be able to claim a full deduction for the cost of repairs and maintenance in the year that you incur them or capital expenditure and improvements over several years depending upon the fact if the expense is part of a repair or improvement.
RBizz Team
03/11/2020 02:47 PM - Comment(s)
Are You A Co-owner Of A Rental Property?
If you are not the only owner of a rental property, you can understand your position better by being aware of these provisions about apportioning your income and expenses to arrive at net income or loss.
RBizz Team
22/10/2020 06:25 PM - Comment(s)
Changes in depreciation after 9 May 2017
After 9 May 2017, you will not be able to claim depreciation on used 'Plant and Equipment' items. It means you will lose on depreciation if you buy a second-hand property after 9 May 2017.
RBizz Team
22/10/2020 06:07 PM - Comment(s)
ATO's Rental Properties Guide
This is all that you need to know about taxation on rental properties.
RBizz Team
21/10/2020 01:26 PM - Comment(s)
Top 3 Mistakes In Rental Property Tax returns
What are the top 3 mistakes taxpayers with rental property income make in their tax returns?
RBizz Team
09/10/2020 11:06 AM - Comment(s)