by Peter Ristevski | Apr 2, 2024 | Property Tax, Tax & Accounting, Tax Deductions
If you’ve invested in vacant land with a view to building an investment property on it, the tax deductions you can claim have changed. Effective July 1, 2019, expenses related to holding vacant land are no longer tax-deductible, regardless of ownership prior to that...
by Investment Plus Accounting Group | Dec 13, 2023 | Property Investment, Property Outlook
Despite a turbulent year marked by inflation, fluctuating interest rates, and widespread focus on the challenges of the cost of living, the residential real estate market appears poised for significant rent hikes and capital growth in specific capital cities and...
by Investment Plus Accounting Group | Nov 29, 2023 | How To, Property Investment, Tax Tips
Most investors will be familiar with rental properties, but many do not fully understand the rules and concessions available. In this article we look at the tax benefits and concessions that property owners are eligible to claim. There are two situations that need to...
by Investment Plus Accounting Group | Nov 29, 2023 | Capital Gains Tax (CGT), Property Investment, Tax Tips
Discovering how to avoid capital gains tax when selling your investment property can save you thousands of dollars. Yet so many first-time property investors continue to be overwhelmed at the thought of potentially paying capital gains tax on the hard-earned growth of...
by Investment Plus Accounting Group | Nov 14, 2023 | Airbnb, How To, Property Investment, Property Investment Tips
Airbnb is a hero of the sharing economy. By matching property owners with potential guests, it’s an alternative accommodation renaissance. As a landlord, you set the price and conditions while guests get a personal touch and insight into the area. With all the recent...
