If you invest in real estate in Australia, you may be eligible for tax benefits. Here are some examples of the types of expenditure that are tax deductible:
Advertising to find a tenant
Agent’s commission
Council rates
Depreciation on plant and equipment
Insurance premiums
Interest to finance the purchase of rental property
Land taxes
Repairs and maintenance
Water and sewerage charges
dummies
Source:http://www.dummies.com/how-to/content/common-tax-deductions-for-australian-property-owne.html
This article is very interesting and comfortable to read. Thank you for sharing such an impeccable article!
ReplyDeleteBusiness Structures