Rental Properties

Rental property tax guide Thinking about buying your first property, or perhaps you’ve started already and are looking to expand your holdings.   Here are 3 valuable tools that will make life easier.The Rental Property Tax Guide contains a run down on your tax position and highlights a few pitfalls. Click hereto view the Rental Property Tax Guide.The Rental Property Worksheet is a downloadable spreadsheet that will prove invaluable to you.  Complete the sheet regularly and monitor the performance of you investment.  Keep your accounting costs down by handing over the spreadsheet to your accountant at year end and half the job’s done. Click hereto view and download the spreadsheet.

The Rental Income Worksheet is a shorter form the the spreadsheet and may suit some taxpeyers better.  Click hereto view this worksheet.

At Noel May & Associates we can make sure that your holding is in the right structure for you, one that suites your current circumstances, preserving the wealth tied up in the property while minimizing your tax exposure.

If you need some help or advice, phone the office on (03) 9585 7555 and ask for Noel or Amanda orcontact us by email.