Company description
Property investors can use great tax deductions to reduce their taxable liability. The ATO allows Property Investors to deduct interest for a loan that was used to purchase rental property, to finance renovations or to buy a depreciating item. Even if you have used a loan to purchase land for the development of rental property, the interest can still be used as a deduction. In addition to the robust interest deduction for rental properties, property investors can also deduct costs for any maintenance or repair performed on their rentals. Title fees, loan origination fees and stamp duty charges are also tax deductible. All of these tax deductions lead to lower tax liability and higher income.
For more information visit our website: www.custodianwealthbuildershq.com.au
