Entrepreneur TipsReal Estate

TOP 7 TIPS TO MAXIMISE YOUR PROPERTY TAX RETURN

2. Rental Income and Other Costs: Rental income is regarded as taxable income by the Australian Taxation Office (ATO), however, investors can deduct expenses to lower this amount, including but not limited to:

  • Property Management and advertising fees
  • Maintenance/repair costs
  • Depreciation costs
  • Any bank fees and/or loan charges
  • Insurances (i.e. landlord insurance, home and contents insurance)
  • Legal costs




  • Land tax
  • Body corporate
  • Council rates
  • Water charges
  • Cleaning, gardening and lawn mowing
  • Pest control
  • Interest expenses.
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