Optimize your rental property investments with 'Rental Property and Taxation.' This essential guide, authored by experienced accountant Tony Compton, sheds light on crucial aspects of tax for landlords and real estate investors. It's been in print for over a decade, consistently helping new and seasoned property owners navigate the complexities of rental income and taxation. Discover how rental property losses can impact your tax obligations and learn about allowable deductions, negative and positive gearing, and effective record keeping. This fully updated fourth edition features plain-English explanations and real-life case studies to demystify budgeting and taxation strategies, ensuring you make informed financial decisions. Whether you’re considering purchasing your first rental property or looking to enhance your existing portfolio, this comprehensive resource is crucial for optimizing your tax outcomes and avoiding common pitfalls. Moreover, it emphasizes construction cost write-offs and various ownership structures, tailored to your unique situation. Don't leave your financial future to chance; educate yourself with Rental Property and Taxation and empower your investment journey today. Free shipping is available on this item. Please allow up to 6 weeks for delivery. Once your order is placed, it cannot be cancelled.

Note: Shipping for this item is free. Please allow up to 6 weeks for delivery. Once your order is placed, it cannot be cancelled.

Condition: BRAND NEW
ISBN: 9780731408481
Year: 2010
Publisher: John Wiley & Sons Australia
Pages: 208


Description:
Don't leave the success of your
investment up to a visit to your
accountant once a year -- this book
could save you hundreds!




In print for over 10 years, Rental Property and Taxation
debunks the many myths surrounding tax and real estate investment,
and takes an objective look at how a loss from a rental property
can affect your tax situation.


In this fully updated fourth edition, practising accountant Tony
Compton arms rental property owners and would-be owners with the
information they need to be better informed about tax as it relates
to their own circumstances. It covers all aspects of rental
property ownership, including:


allowable deductions

decline in value and construction cost write-offs

negative and positive gearing

record keeping

structures and ownership, and more!



With its plain-English explanations, real-life case studies and
the latest updates to tax laws, Rental Property and Taxation
will take the 'buy now and hope for the best' factor out of tax
planning for rental property investments.