RazzaDazzla replied to the topic individual income tax and company title rental properties in the forum Legal & Accounting 14 years, 7 months ago
crj wrote:
The difference with company title is that you are not going to be able to claim building write off because the building is owned by the company. So yes you declare the rent as income, and claim interest on any loan used by you to purchase the company title irrespective of what property the loan is secured against and claim any other…[Read more]RazzaDazzla replied to the topic VIC Land Tax on Company Title Apartment in the forum Legal & Accounting 14 years, 7 months ago
Terryw wrote:
IThere are many problems with company title – so beware.Can you elaborate on the problems/pitfalls to be aware off? Or point me in the direction where I can find these out?
Thanks.