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  2005

Making Property Investment Work

Source: Western Australia

Published Date: 24 Feb 2005

 
Property investors riding the cycles of the property market can make significant profits but also have some significant tax issues. As part of its 2003/04 compliance program, the ATO sent out 5000 questionnaires to taxpayers requesting information to substantiate claims lodged with tax returns for rental properties. Given the rapid growth in rental property ownership and the resulting increase in deductions being claimed, this audit focus is unlikely to lessen. This seminar examined a number of the relevant issues coming under ATO scrutiny, including:
- CGT
- depreciation vs Division 43 building write off
- repairs vs capital improvements
- appropriate structures under which to purchase rental property.

Investing in property

Author(s): Jo-Anne Hotston CTA
Materials from this session:

Rental Property Case Study

Author(s): Andrew Smith
Materials from this session:

Details

  • Published On:24 Feb 2005
  • Took place at:City West Function Centre, West Perth

The material is copyright. Apart any fair dealing for the purpose of private study,

research critisism or review, as permitted under the copyright Act, no part may be rerpoduced by any process without written permission from The Tax Institute.

Unless expressly stated, opinions are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

This material is copyright. Apart from any fair dealing for the purpose of private study., research, critisism or review, as permitted under teh copyright Act, no part may be reproduced by any process without written permission from The Tax Institute.

Unless expressly stated, opininons are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

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