Because the ATO is too conservative, they will probably say as a guide you should have 10+ properties or something. I know they are free of course whereas I would have to pay an accountant to work this out for me. I have completed my personal tax returns myself up until now but its just started getting interesting now. We did some travelling last…[Read more]

That’s what I did last year, well every year. However must have read more throroughly this year, it states D1 through D5 is for deductions related to your work as an employee. So maybe that term is used broadly to include any income producing activity. If I claim it here then that would mean my investment activities are conducted as an employee of…[Read more]