Category «Property Investments»

Claiming Property Expense When Not Rented

Claiming Property Expense When Not Rented       The big question is – “What is Exceptional Damage Beyond Your Reasonable Control?”  The answer in the case of the above photo would depend on a DNA test because if your family does the damage, no tax deduction. What a segue!  Sounds a lot more interesting than discussing …

Building A Duplex

There are just so many tax traps when building a duplex that you must see a property savvy Accountant before you begin.   These issues cover a common wall duplex through to building another house on your land by creating a battle-axe block, to looking at when you create two or more titles with a house …

10 Myth Busters for Renovators

  After 3 days on a stand at the Cherie Barber Boot Camp I realised there are a lot of fundamental issues that are misunderstood by renovators so here are the basics. If you would like more we have a renovator’s booklet on our web site https://www.bantacs.com.au/booklets/Renovators.pdf 1) Borrowings – It is all about the …