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    Tax on Rental income

    Anyhow we should be rewarded for houseing millions families. Could you imagin the cost to the country if the government had to house all the families who havn't bought their own homes. Repairs, maintenace, managment, dozens of new government portfolios, new commisions, and don't forget the...
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    Tax on Rental income

    I can't help thinking, as I read in between the lines, that so many investors or soon to be investors don't see the big picture. How much tax do some people pay, $15,000, $20,000 40,000, I don't know ??? . as I paid no tax last year, and only about $1500 the year before. If you own a...
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    Tax on Rental income

    That's how I see it, marg4000. If you earn $40k from your employed job and 40k form rental income, you have earned at total of 80k. However when you deduct from your income deductions like, interest, Body corp, insurance and those lovely non cash deductions , Depreciation, improvements...
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