Category «Property Investments»

The Tax and Record Keeping Consequences of Holiday Rentals Such as Airbnb

Obviously, you have to declare the income you receive and are entitled to claim expenses but the long-term consequences of a property earning income is capital gains tax (CGT) which means keeping records for the rest of the time you own it. This will even apply to your home in most circumstances. When the Property …

Heads Up! Must Knows for Buying a Property after 30th June 2018

There are many changes affecting people purchasing a property after 30th June, 2018. My aim here is to give you a check list to make sure you understand what has changed for you. Note the first 3 points apply equally to people who buy a home to live and investors. 1) Is the Purchase Price …