by Investment Plus Accounting Group | Nov 1, 2024 | Airbnb, Capital Gains Tax (CGT), Property Investment, Property Investment Tips, Property Tax
Renting out your holiday home can be a lucrative way to generate additional income, but it’s important to understand the tax implications that come with it. In Australia, the Australian Taxation Office (ATO) has specific guidelines for property owners, and being...
by Investment Plus Accounting Group | Oct 14, 2024 | BAS, Bookkeeping, Cashflow, Small Business, Small Business Tips, Tax & Accounting
If you’ve ever felt overwhelmed by your financial records, you’re not alone. Many small business owners encounter common bookkeeping mistakes that can disrupt operations and hinder growth. Here are some prevalent mistakes and effective strategies to avoid them....
by Investment Plus Accounting Group | Oct 14, 2024 | Investment Property, Negative Gearing, Property Investment, Property Investment Tips, Tax & Accounting
Negative gearing has long been a hot topic in Australian real estate and investment circles. This tax strategy allows investors to offset losses on their investment properties against their other taxable income, effectively reducing their overall tax burden. While...
by Peter Ristevski | Jun 20, 2024 | Property Investment, Property Investment Tips, Small Business
When it comes to property investment in Australia, one of the pivotal decisions investors face is choosing between houses and apartments. Both property types offer distinct advantages and potential drawbacks. Understanding the key factors can help investors make an...
by Peter Ristevski | Apr 29, 2024 | Airbnb, Property Investment
In recent years, AirBnB and Stayz has surged in popularity as a preferred option for property owners looking to rent out their residences. Leveraging your home or investment property as a short-term rental through AirBnB presents an excellent opportunity to earn...