HiThere are a couple of things you should do:1.  Go to the ATO website – there is a downloadable PDF book about what you can claim2.  Allow yourself to be conservative with 48 weeks per year rental3.  Budget for any maintenance items that you know need attention4.  Are you using a property manager – their fees are deductable5.  Look at your week…[Read more]

This sounds very familiar.  One of my associates had a tenant who liked to leave the plug in the sink  Some Feng Shui thing, she then went on holidays, the older taps blew due to pressure but as the plug was in the sink, the property was flooded and neighbour contacted my associate.Was the tenants belongings damaged and are they claiming for any o…[Read more]