This course is designed for property owners in Australia looking to maximize their understanding of rental property taxation. Covering rental income, allowable deductions, record-keeping, and tax implications of owning and renting properties, this course provides actionable insights. Participants will gain clarity on topics such as co-ownership taxation, travel expenses, depreciation, negative gearing, and capital gains tax. The course also highlights special considerations for properties impacted by natural disasters and granny flat arrangements.

Topics List:

• Rental income and assessable components
• Allowable and non-deductible expenses
• Co-ownership and partnership taxation rules
• Travel, depreciation, and record-keeping requirements
• Capital gains tax (CGT) and granny flat arrangements
• Special provisions for properties outside Australia