It’s tax time. As a property investor it is important to stay on top of your rental property tax deductions and claim them correctly to maximise your tax refund.
Rental properties 2022 will help you, as an owner of rental property in Australia, determine:
• which rental income is assessable for tax purposes
• which expenses are allowable deductions
• which records you need to keep
• what you need to know when you sell your rental property.
• Many, but not all, of the expenses associated with rental properties will be deductible.
Click on the link below for the ATO Guide.