If you’re like a lot of people you will have at least started to put your ducks in a row to get your tax done for the last financial year. While doing your tax return is a yearly event it can come with some stress – especially if you haven’t been keeping things in order over the course of the year.
If you own or plan on owning an investment property in the new financial year it’s important to understand what you’re able to claim and keep receipts for claimable expenses. To help you out we’ve put together this handy infographic which shows what you might be able to claim from your investment property in your next tax return.
For more information the Australian Tax Office has a great suite of videos and other resources to help you understand what you are entitled to.