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    HRB Residential-Property-Investor-Checklist 0823 D1

    Uploaded by

    Manuel
    The document provides a checklist for residential property investors to ensure they claim all eligible tax deductions. It lists various expense categories like property income, administration expenses, property management expenses, insurances, depreciation, other expenses, taxes/charges, capital improvements and repairs/maintenance.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    HRB Residential-Property-Investor-Checklist 0823 D1

    Uploaded by

    Manuel
    3 views1 page
    The document provides a checklist for residential property investors to ensure they claim all eligible tax deductions. It lists various expense categories like property income, administration expenses, property management expenses, insurances, depreciation, other expenses, taxes/charges, capital improvements and repairs/maintenance.

    Original Title

    HRB_Residential-Property-Investor-Checklist_0823_D1

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    © © All Rights Reserved

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    The document provides a checklist for residential property investors to ensure they claim all eligible tax deductions. It lists various expense categories like property income, administration expenses, property management expenses, insurances, depreciation, other expenses, taxes/charges, capital improvements and repairs/maintenance.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    3 views1 page

    HRB Residential-Property-Investor-Checklist 0823 D1

    Uploaded by

    Manuel
    The document provides a checklist for residential property investors to ensure they claim all eligible tax deductions. It lists various expense categories like property income, administration expenses, property management expenses, insurances, depreciation, other expenses, taxes/charges, capital improvements and repairs/maintenance.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 1

    Residential property

    investor tax time


    checklist.
    Don’t miss out on any deductions this tax time and maximise your cash flow.

    Income OTHER EXPENSES


     Interest on loan repayments
    PROPERTY INCOME
     Loan fees
     Rental property summary report  Bank Charges
     Any other income – payouts, interest etc
    TAXES/CHARGES
    Deductions  Council rates
     Electricity/gas charges
    ADMIN EXPENSES
     Water charges
     Applicable purchase or sales contracts Land tax

     Stationery Bank charges

     Accountant/bookkeeping fees Strata/body corporate Fees

     Tax depreciation schedule fees
    CAPITAL IMPROVEMENTS
     Legal expenses
    Lease costs incl. preparation, registration,
     Renovations

    stamp duty  Replaced assets
    PROPERTY MANAGEMENT EXPENSES  Extensions
     Advertising REPAIRS/MAINTENANCE
     Property manager fees  Repairs for damage or wear and tear
     Agent administration costs  Maintenance to protect
    against deterioration
    INSURANCES
     Pest control
     Landlord insurance  Garden, lawn, pool care
     Building/contents insurance  Cleaning
     Public liability insurance (if not already  Servicing costs - e.g., hot water service,
    included in landlord policy) air conditioning unit
    DEPRECIATION
     Depreciation of plant and equipment
     Capital works report

    Any questions?
    Don’t hesitate to call us on 13 23 25.

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