Tax deductions for property investors
If you’re one of the 1.8 million Australians who own an investment property or are looking to buy one, we’re across all your tax considerations. To help you capitalise on your investment, our consultants keep up to date with every single tax concession affecting your bricks and mortar. As investment property tax professionals, it’s our job to maximise your refund.
With the government recently narrowing the type of property deductions residential investors can claim, getting your taxes right just got more complicated. To save you from the complicated web of what you can and can’t claim, we cut through the complex to give you a tax advantage.
Investment property deductions
Our philosophy is centred around tailoring tax to the nuances of your investments. We get to the nitty gritty of how your investments affect your income.
We turn your investment inside out to make sure we include all the offsets and deductions you deserve. The buck doesn’t stop at tax-time. Our year around advice means we can work proactively to guide your decisions toward maximising your deductions.
As specialists in property investment returns, discovering all the deductions you can claim against your investment is what we love and why we guarantee the best outcome. Here are some of the smart deductions you may be able to claim:
- Repairs and renovations
- Gardening and pest control
- Advertising for tenants
- Property management fees
- Loan interest and ongoing fees
- Building, fittings and fixtures depreciation
- Accounting and bookkeeping fees
- Property agent's fees
- Council rates, land tax and strata fees
There are general expenses that can be widely claimed in relation to your rental property such as interest on your loan if your place is tenanted or up for rent. The difference is, our tax consultants dig deeper into your individual investments to make the most of your possible claims.
After all is said and deducted, we specialise in making tax simple. With over 40 years as Australia’s leading taxation experts, we’re fascinated by numbers – and great results. While you focus on your property, we'll stay focused on getting your taxes in order.
To take advantage of your tax and get a rapid return, call 132325 and lock in an appointment at your local H&R Block office today.