Published on 24 Feb 2005
| Took place at City West Function Centre, West Perth
Property investors riding the cycles of the property market can make significant profits but also have some significant tax issues. As part of its 2003/04 compliance program, the ATO sent out 5000 questionnaires to taxpayers requesting information to substantiate claims lodged with tax returns for rental properties. Given the rapid growth in rental property ownership and the resulting increase in deductions being claimed, this audit focus is unlikely to lessen. This seminar examined a number of the relevant issues coming under ATO scrutiny, including:
- depreciation vs Division 43 building write off
- repairs vs capital improvements
- appropriate structures under which to purchase rental property.
Get a 20% discount when you buy all the items from this event.