Taxation and Property Investment

Iron Bridge Property Investment recommends proven independent accounting professionals to assist understanding of current property tax laws which ensure maximum tax benefits are being achieved.

Under current tax rules property investors are able to claim investment property losses against personal incomes. If you are a salary and wage earner, you can receive your tax rebate throughout the year in your regular pay packet.  This is achieved through a Special Tax Code with the help of an accountant that has a good understanding of property tax law.

For the self employed, claiming of investment property tax losses can mean a reduction in provisional and terminal tax during the year.

The greatest tax efficiency from an investment property comes when the property is brand new or near new – Iron Bridge advocate brand new or near new property to achieve maximum tax efficiency.

Note: This example has been prepared in order to demonstrate how a rebate is established. The example is not a representation of the amount of tax deductions, rental income, amount of tax payable or rebate available with an investment property.

To learn about property trends click here.  Alternatively, if you would like to meet with one of our consultants, please click here to contact us now.