I have a friend that is a bit worried (always a worrier!) that he might have a chance of getting audited for the FHOG eligibility. During the 6 month compulsory residential period he only used very little electricity (about $60 per quarter) since he works long hours, eats out, stays at...
I just spoke to my accountant and he believes that the ATO wont really care if you rent something out for 10-20% under market rent. They are really watching for people that rent something out for a major 50% discount for example.
How are the ATO going to prove that you are under renting your...
I am planning to rent one of my properties to my girlfriend. Would this be legal? Might stay over night sometimes as would be normal for this sort of relationship. Any comments?