Easter Long Weekend means it is approx. 3 months and 1 week till the end of the 2015/2016 Financial Year.
So if you find yourself with some spare time on your hands this Easter, why don’t you have a read of the Australian Taxation Office Guide for Rental Property Owners?
Some would think this is classic bedtime reading, but it is actually an excellent resource. It provides easy-to-read information on subjects including selling and Capital Gains implications (including a Capital Gains calculator), avoiding common mistakes, claiming repairs and maintenance just to name a few.
So take advantage of some downtime this weekend and become more knowledgeable about how you can maximize your investment, and then return it provides to you and your family.
We wish you and your family a happy and safe Easter.