Landlords and Investors
For those who do not know me, I have been an international markets trader, analyst and economist for some 30 years now with some of the world’s biggest investment banks. For the past decade I have been out on my own, in the wilderness, and life has never felt better. One of the things that never ceases to amaze me, is just how diametrically opposed the real world turns out to be, in contrast to what the media said would happen. From the UK tabloid to even the Wall Street Journal, what is written and sensationalized, rarely if ever actually happens. Instead what happens, is that life goes on, people and governments react and change, and the world is a better place. In fact, we right now live in the most prosperous period in history. . . .
Through owning a investment property in which you receive an income, you are able to claim any expense associated with that income. By deducting property expenses correctly, you can expect a higher tax refund and leave more rental income in the bank. Every year thousands of dollars go unclaimed by investors who aren’t aware of the extra savings they could be up for. Nonetheless, it’s important you are only claiming what you are legally entitled to, ensuring you don’t get into any trouble from the ATO (Australian Tax Office). There are a number of expenses you can claim on your next tax return. You cannot deduct your rent payments on tax unless your lease requires you to make property tax payments - only then can you ded . . .
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For those who do not know me, I have been an international markets trader, analyst and economist for . . .
Posted By Cathy Kershaw on Thursday 5th July 2018
Words : 683 | Views : 395 | Comments : 0
Through owning a investment property in which you receive an income, you are able to claim any expen . . .
Posted By Cathy Kershaw on Monday 15th August 2016
Words : 519 | Views : 1154 | Comments : 0