The End of Financial Year Is Here!
It’s that time again July 1st, now’s the time to review where your finances are at and where you’d like to be in 12 months time. Do you own an investment property? All works or repairs you’ve been putting off should have been carried out so you can claim the expenses this financial year. Gather statements from your property manager and receipts for repairs, building work, insurance, body corporate levies, rates and water from throughout the year. Organise a depreciation schedule if you don’t already have one. The ATO allows property investors to claim………… Click here to view the full report.