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The PPOR is under both their names. I'm uncertain of the IPs though as my mum has been working only half the time since my dad started investing so I'm not sure how they've been structured but I will bring this up.

Yes he already has an accountant and been paying tax but that's with his salary. My question relates to when he stops working completely. As tax isn't either of our forte, I was trying to gather overall information rather than just one source (his current accountant). Thanks to everyone...

Hi My father currently has 4 properties (1 PPOR and 3 IPs) paid off and is considering retiring due to recent poor health :( . If he decided to stop working and the rental returns of his investment properties netted approximately $45K per annum, how much tax will he have to pay? Would this...