Search results

Or other negative geared investment. There's also a form for people who get car allowances etc so they can claim expenses via a special ITWV. But don't tell everyone about the ITWV. The positive cash flow brigade don't get Fed Govt assistance to build their portfolio. They will feel like...

It's not hard. But it's not intuitive, either. There are people here who can give you some general advice on completing the form. Relax. This is supposed to fun. Don't forget that!

Yeah, usually Rixter or myself do that. It's all about sharing The Love.

The ATO work out the rate. You just provide details of income, rent., interest and other expenses plus depreciation etc. I provide accurate fugures for all the hard numbers, but the soft stuff, like depreciation etc I usually estimate (based on previous years figures) and understate by an...

I like to understate mine a little so I get a tax return. It's a bit of a long standing tradition of mine that I do certain "fun" things with my annual return, so I like to maintain the tradition. It's also good to have a bit of a buffer in the ITWV figures in case you get unbudgeted rent...

The ITWV is the greatest cash flow tool for PAYG investors. Instead of waiting a year for a return, based on negative gearing losses, the tax benefits are realised each pay cycle by way of a reduced tax rate.