With the end of financial year four months away, now is the perfect time to assess your investment property for any repairs or maintenance. Any refurbishments or repairs must be paid before 30th June to claim the expense this financial year.
Many investment owners could be claiming depreciation on their rental properties and potentially reduce their tax payment significantly, possibly providing the investor with thousands of dollars worth of deductions.
All investment owners should be taking advantage of this significant saving.
Fitzpatricks
Established in 1950 by the late Geoff Fitzpatrick. We strive for excellence in our field, we aim to provide the best real estate service to the people of Wagga Wagga, embracing the highest standards of expertise, professionalism and integrity.