Tag: renting

Don’t miss out on claiming your second largest tax deduction

We want you to get the most from your investment property, so we’ve partnered with BMT Tax Depreciation. BMT find residential property investors an average of over $11,000 in depreciation deductions in the first full financial year alone. BMT are offering a reduced fee of $715 incl. GST on residential tax depreciation schedules (normally $770…

A Comprehensive Guide to Tenant Garden Maintenance in NSW

If spending time in the garden isn’t your idea of fun, you might be wondering exactly how much garden maintenance you’re responsible for as a tenant in NSW.With weeds sprouting and grass growing rapidly, and with summer fast approaching, now is the perfect time to clarify your garden care responsibilities. Here’s a clear breakdown of…

Rental Property Expenses 2024

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 2024 will help you, as an owner of rental property in Australia, determine:• which rental income is assessable for tax purposes• which expenses are…

Breaking a fixed-term agreement early

When a tenant signs a fixed term agreement, they are committing to stay for the full term.If a tenant wants to move out before the end of the fixed term, there could be costs involved.There are some situations where a tenant can end a fixed-term agreement without penalty.A tenant should give the landlord as much…

End to blanket bans on pets in Strata

New laws governing pets in strata schemes commence today, 25 August 2021. The new section 137B of the Strata Schemes Management Act 2015 (NSW) (SSMA), concerning the keeping of animals, will commence and be supported by the Strata Schemes Management Amendment (Pets) Regulation 2021 (Regulations). Section 137B provides that a by-law, or decision of an…