Lee&Lee Tax Tips Rental 2017 Volume1 | Page 2

RENTAL PROPERTY

Whether it is the end of the financial year or

during the financial year there are

strategies that can be applied that are beneficial to property investors.

Most property investors should be planning to maximise their property investment deductions.

Below is a list of items which you can claim as a deduction against rental income for this year.

Further below is a list of items which are not deductible, usually questioned by the ATO or deductible over a number of years.

I trust this help you compile your information and make it easier to prepare your income tax return and improve your decisions in relation to managing your rental properties.

What is deductible?