Tax Returns for Smart Property Investors

We give you a fixed quote upfront before any work starts, with no surprise extras once we begin. A property investor return starts from $389, and the fee itself is tax deductible in next year’s return. If your situation is more involved, more than one property, a sale during the year, or a part-year rental, we will confirm the price before we start, not after.

Yes. We prepare returns for investors with anything from a single property to a large portfolio. Each property is worked through on its own, income, expenses, interest and depreciation, then brought together into one correct return. We factor the number of properties into the quote you get upfront.

Less than you might think, and we have made it easy. You will want your rental income or agent statements, loan interest statements, receipts for costs like rates, insurance, repairs and strata, and your depreciation schedule if you have one. Our one-page checklist covers the lot, download it before your call and we can often lodge in the one appointment.

A depreciation schedule lets you claim the decline in value of the building and its fixtures, often one of the largest deductions on a rental property, so it is well worth having. If you don’t have one, we can arrange it through our quantity surveying partner, Duo Tax, and the cost of the schedule is itself deductible. You only need one prepared once, and it then applies for years.

A repair returns something to its original condition, like fixing a leaking tap or a section of fence, and is generally deductible in the year you pay for it. An improvement makes something better than it was, like replacing the whole fence or renovating a kitchen, and is claimed gradually over time instead. Getting this line right is one of the most common ATO review points, and it is something we check carefully on every return.

It depends on what the redrawn money was used for, not on the loan itself. Interest is deductible to the extent the borrowed funds were used for the investment property. If you have redrawn for a private purpose, like a car or a holiday, that portion of the interest is not deductible and the loan has to be apportioned. This is one of the areas the ATO looks at most closely, so we work through it with you to get the split right.

You can generally claim expenses for the period the property was rented or genuinely available for rent at a market rate. If it was used privately for part of the year, or only listed some of the time, the deductions are apportioned across those periods. Holiday homes and part-year rentals need this done carefully, and it is exactly the kind of detail we go through with you line by line.

Yes. We calculate the capital gain or loss as part of your return, including your cost base, how long you owned the property, and any capital gains tax discount you are entitled to. One point worth knowing, the sale counts from the contract date, not the settlement date, which can change the financial year the gain falls into. If you are thinking of selling, it is worth speaking to us before you sign.

If you lodge your own return, the deadline is 31 October. If you register with a registered tax agent like us before that date, you generally qualify for an extended deadline, often into May the following year, which gives you more time to get everything right. Register with us before 31 October and we will manage the deadline for you.