Rental Property and Taxation : An Australian Investor's Guide

**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. 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.

"Now in print for ten years, the best-selling Rental Property & Taxation debunks many of the myths surrounding tax and real estate investment -- and takes the 'buy now and hope for the best!' factor out of tax planning for rental property investments. 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 investments."--Publisher description