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What deductions can you make from your investment property?

3 Aug 2011 Casula 0 Comment

It’s tax time again and that means that it’s time to start thinking about your finances and what deductions you can make on your tax.
If you own an investment property then there are a number of tax deductions that can be made, and it’s very important that you claim on all of the deductions that are applicable to you so that you maximise the earnings from your investment property. 
If you have incurred expenses over the last financial year from any of the following categories, then you may be able to claim these expenses back when you submit your tax:
The above is a non-exhaustive list, but as you can see there are a number of items from which you can make tax deductions if you have an investment property.
The Liverpool area in general is ideal to invest because of its affordability and the return on investment. I have seen some great buys around the area, so give me a call to discuss should you be considering purchasing an investment property, on 9731-6214.

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