Property Investment

Investment Tax Issues You Need To Be Aware Of

By Warren Kruger / December 10, 2018 / 0 Comments

Investors must consider a range of tax laws dealing with income, assets and deductions. Even that term “income”, the meaning of which most of us would assume, can take on nuanced shades of meaning when considered regarding investment. For example, investment income earnings such as dividends and interest are typically considered ordinary income. Franking credits, […]

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Have You Had A Change In Creditable Purpose For GST Reporting Purposes?

By Warren Kruger / September 15, 2018 / 0 Comments

Sometimes your business may end up using an asset you purchased, such as a property for example, in a way that is different to what you had originally planned. It pays to remember that if you claimed GST credits for assets that have had their intended use change from that originally planned, you need to […]

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Dealing With Tax and Renting Via Airbnb

By Warren Kruger / April 22, 2018 / 0 Comments

Airbnb is one of many examples of the “sharing economy” — connecting buyers (users) and sellers (providers) through a facilitator that usually operates an app or a website. Airbnb acts as this facilitator by allowing individuals, referred to as “hosts”, to rent out a room of their house or their whole house for a short-time […]

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Can a SMSF Invest in Property Development?

By Warren Kruger / February 17, 2018 / 0 Comments

The ATO has been sending some mixed messages about property development involving an SMSF, and has indicated that it is one of the issues on its radar for 2018. So is property development an allowable investment for an SMSF? The short answer yes, but be careful. A longer answer is be very careful — it […]

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Expanding the Empire and Retaining the CGT Main Residence Exemption

By Warren Kruger / February 15, 2018 / 0 Comments

A question that surfaces now and then in regard to capital gains is whether the main residence exemption extends to additional land acquired after the time of acquisition of the residence. The short answer is yes — provided that certain requirements are met. It should also be noted that where the exemption applies upon satisfaction […]

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Rental Property Owners Lose Some Deductions

By Warren Kruger / February 4, 2018 / 0 Comments

  Legislation that came into law in the last half of 2017 makes a reality, measures first announced with the 2017 Federal Budget. The “housing tax integrity” bill solidifies the government’s intention to deny all travel deductions relating to inspecting, maintaining, or collecting rent for a residential investment property. As well, second-hand plant and equipment […]

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