There are a number of tax benefits associated with owning a rental property.
Generally there are three categories of expenses that can be deducted from your tax:
- Acquisition and Maintenance costs
- Depreciation allowances
- Negative gearing
With over 35 years of experience in Property, The Hopkins Group has a wealth of knowledge about investment/rental properties and the associated tax benefits. We have significant experience in assisting our clients with legitimately minimising the tax associated with their rental properties.
Whether you currently own a rental property, or are considering purchasing your first investment property, our accountants are here to help you consider the tax implications and benefits associated with this type of asset. Call 1300 726 082 or click here to discuss your circumstances with one of our experienced accountants today.