RENTAL PROPERTIES
Rental tax returns can throw you a few curve balls.
At GoTax, we know how to handle rental tax returns with ease and accuracy. Whether you have one property or several, we can help you claim all the deductions you’re entitled to, and minimise your tax liability. You can use our online system to enter your rental income and expenses.. You can also consult our experienced tax agents, who can complete your tax return and ensure it’s compliant and optimised. No matter how complex your rental situation is, we have the skills and knowledge to make it simple and stress-free.
We understand that rental properties can be a great source of income, but also a lot of work. You have to deal with tenants, repairs, maintenance, insurance, rates, and more. You also have to keep track of all your income and expenses, and report them correctly to the ATO. That’s why we offer a comprehensive and convenient service that takes care of everything for you. We can help you with:
– Claiming deductions for expenses such as interest, repairs, insurance, rates, agent fees, travel, and more
– Calculating depreciation for your property and assets, using the latest ATO rules and rates
– Reporting capital gains or losses if you sell or dispose of your property
– Applying for any tax offsets or concessions you may be eligible for
– Lodging your tax return online, securely and quickly
And apart from the taxation aspects of rental properties, you should also consider the cashflow impact to yourself or your family. Tax benefits always look great on paper but not being able to fund a rental investment can also impact your lifestyle.
We are here to assist you in thinking beyond the tax deductions.
So don’t let rental tax returns throw you a few curve balls. Let GoTax hit them out of the park for you. Call us today and see how we can help you maximise your rental income!