Tax Strategies - Investment Strategies

• Capital gains tax pitfalls that could get you in trouble

  One of the most important CGT issues you need to be aware of is that a capital gain is always generated on the date of exchange. Therefore, a property owner should take this into consideration when selling so that a capital gain does not fall into a year when they may not need it because they have significant other assessable income. The following areas are equally important and worth noting: read more

• How to avoid the tax traps that could get you audited by the ATO

  There are not many things as nerve-wracking and stressful as when the ATO comes knocking and demanding to see your books. To prepare you for such an event, Angelo Panagopoulos lists some practical and time-tested strategies read more

• Mid-Year Investment Property “Health Check”

  The beginning of a New Year sees opportunities to review and take stock of your investment property portfolio so that you are ready for the next tax season. In this article, David Shaw from WSC Group will outline some areas to review in the coming months before 30 June read more

• Hidden capital gains tax traps you may not know about

  So you think your home is always tax-free? Think again! Eddie Chung explains the six ways you could lose your CGT entitlements. read more

• How to buy your first Sydney property.

  It seems so hard to find the deposit for a Sydney property which could be up to $200,000. read more

• Claiming depreciation on an overseas investment property

  If you have bought an overseas investment property, or you have migrated to Australia and are now having to declare your rental income on a property you still own in your home country to the ATO, you might be entitled to claim depreciation on any overseas property you still hold and reduce your taxable income. read more

• Tax guide for foreign investors buying Aussie properties

  Eddie Chung explains the diffrent tax obligations for foreign nationals investing in Australian real estate read more

• Tax implications of owning a foreign investment property

  When investing in an overseas property there are a number of questions about tax that need to be addressed including: Where do I pay tax on a net rental income? Do I get taxed in either country or just Australia? Can a foreign net rental loss be offset against other Australian income? What are the tax implications if I sell the property? Are there any tax implications for my estate if I still own the property at death? read more

• Is your investment property too old to claim depreciation?

  It’s amazing how many people we speak to who have bought old investment properties and they think the properties are too old to make depreciation claims. read more