So your investment property is riddled with asbestos? Here’s how you can fix it up tax effectively

One of the biggest problems facing investors with properties of “a certain age” is that many of the materials used in the construction of the property won’t pass muster with contemporary health and safety regulations. Indeed, many such materials are downright dangerous. For properties built between the 1940s and 1980s, asbestos is a particular problem. […]

Are you running a business of property investing? It can make a difference to your taxes!

Most people who own rental properties disclose their rental income and expenses in the rental section of the individual tax return but in some cases, the ATO can treat you as if running your rental property portfolio is actually a business. In that case, you disclose all your income and expenses in the business part […]