Tax deductions

tax deductions

By FOX PM

Rental properties generate income which is why they are tax deductible. Under the Australian Taxation Office’s (ATO) guidelines, rental properties are subjected for tax deductions that can be claimed either for almost immediately or for a number of years, depending on the type of expenses. Further information can be found at

https://www.ato.gov.au/Individuals/Income-and-deductions/In-detail/Rental-property-expenses/