More Australians are investing in property than ever before and while most investors are achieving excellent returns, very few are aware of the dynamics of tax with concern to their properties. There are some significant tax benefits available for investing in property, especially new house and land packages. This article takes a close [...]

In this follow on from Part One in our series Understanding tax and property investment we look at depreciation of investment properties as well as Capital Gains Tax. Depreciation for deductions Each year the tax office issues an effective lives schedule for the purpose of calculating the depreciation of plant and equipment. Just as [...]