The impact of tax deductions on investment property
Property is a popular investment asset that contains a number of significant advantages including income generation, capital growth, resistance to major market downturns and substantial tax deductions. Although tax deductions and offsets shouldn’t be the key reason to invest in property, if you have purchased a property make sure that you use every concession available to you. Deductible expenses There are three categories of rental property expenses: Expenses to be… Read more