Search results

  1. A

    Accountant advised not to claim as rental

    Bit of a doom and gloom scenario, but I'm just thinking if your friend's parents lose money on their 'safe' 20% return investment, then they can't even pay the low rent on the house. Then your friend runs the risk of not being able to pay the mortgage and...... you see where I'm going with this...
  2. A

    Accountant advised not to claim as rental

    Are alarm bells ringing for anyone else when they heard '20% return income'? What the heck are they investing in? And how sustainable (if it isn't outright fraudulent) can that be? Alex
  3. A

    Accountant advised not to claim as rental

    Hold on, why don't they have to pay land tax? The only exemption you get is your PPOR. Just because they don't claim deductions doesn't mean it's exempt from land tax. Alex
Back
Top