Rental Property Deductions - Know What to Claim

Over 1.5 millon people claimed more than $24 bilion in rental deductions in their 2007 tax returns, with almost 170000 people claiming rental deductions for the first time.

It is no wonder the ATO will contimue its focus on rental property deductions, including writing to first time property investors about the do's and don'ts of claiming rental property deductions.

To help clients keep on top of their taxation obligations in relation to investment properties and to make sure they claim ALL ENTITLEMENTS to deductions, My Tax Zone has provided this FREE summary list of allowable rental property deductions:

Link to FREE summary (pdf file) ==> Taxation & Investment Properties Explained

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