Commonly Overlooked Property Investment Tax Tips

tax tipsGetting your taxation right is of utmost importance. Here are three tax tips that many property investors commonly overlook.

 

  1. Council Costs: Many investors neglect to claim council fees. This is not limited to development application fees, reports and the like but can include council contributions when undertaking a development.
  2. Building Profit: If you engage a builder directly to complete your investment property, then the profit from your work can be claimed for Capital Gains Tax implementations.

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