RBizz Corporate Accountants
RBizz Corporate Accountants
Accountants of Growing Businesses, Simple to Complex.
  • Rental / Investment Property Tax Returns

We specialize in rental taxation, residential and commercial

Top 3 mistakes in rental tax returns

If you own an investment property you must know what are the top 3 mistakes most of the rental property owners make in their tax returns and miss on the possible benefits or enter into troubles!

All that you need to know about rental tax

This is a completed guide on the tax provisions of Australian Taxation Office 2020 on rental properties. This is a reproduction of original guide by ATO. It has answers to every question you may have on rental tax!

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.

If you co-own the 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.

Rental Properties Interest Expenses

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.

Rental Properties Repairs & Maintenance

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.

Rental Properties Legal Expenses

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.

Tax-smart Investing In Property

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.

On this page you will know

1 Our super easy tax return process
3 Extra benefits of doing tax returns with us
2 Types of tax returns we do
4 Our fair and best prices

Our 3-step super easy tax returns process

1. Give us your minimum details in any manner convenient to you

2. We review, discuss and guide for maximum refund and prepare your return as soon as possible

3. You choose any mode of payment including deduction from your refund at a small extra cost

You can pick any method of giving us your details

Over-Phone Tax Returns
In-Office Tax Returns
Video-Call Tax Retruns
Mail-In Tax Returns
Email-Chat Tax Returns

Why RBizz?

Maximum Refund

We aim to maximize your tax refund by reviewing, discussing and guiding you on all possible deductions.

Fair Pricing

We believe in fair pricing for all of our clients. Our tax returns prices are genuine and justified.

Guaranteed Quality

If you find that we overlooked something we promise to refund your fee and lodge amendment.

Refer and Earn

We reward you for referring our services to your friends and families as a token of our appreciation.

Safe & Secured

All of our processes and systems comply 100% with privacy and security protocols.

$0 Upfront Payment

You won't commit to pay any fee until you accept and sign your tax return prepared by us.

Free Tips & Tools

We offer regular tax tips and allow personal clients to use all of our AI powered tools.


Please check knowledge base at our support portal for all frequently asked questions.