Tax & Legal Tips - Smart Property Investment

Tax and legal strategies are a key component of a strong, successful investment portfolio. Smart Property Investment provides investors with the latest updates, insights, tips and traps for maintaining these vital functions of a property portfolio.

Tax & Legal • 26 Jun 2023

Spotting financial abuse of elders in real estate transactions

New data highlights the importance of being on the lookout for financial abuse of elders when it comes to the transfer of real estate.

Tax & Legal • 16 Jun 2023

ATO launches new foreign property buyer tool

From the end of June, the Tax Office is digitising its interactions with foreign investors and their representatives.

Tax & Legal • 13 Jun 2023

ATO warns property managers, insurers will keep investors honest in FY23

To crack down on property investors improperly or incorrectly claiming income and deductions this tax time, the Australian Taxation Office (ATO) has revealed the...

Tax & Legal • 08 Jun 2023

Taxpayers must ensure they are ‘tax literate’: CPA

Australia’s complex system means too many people are making costly mistakes on their returns, says the association.

Tax & Legal • 08 Jun 2023

‘Endless speculation’ on rent freezes and rent caps must be put to rest: REIA

The Real Estate Institute of Australia (REIA) is urging an end to the prolonged speculation surrounding rent freezes, citing concerns about its potential negative impact...

Tax & Legal • 08 Jun 2023

Minns backtracks on rental bidding ban

Taking heed of mounting concerns over its potential implications, the NSW government has made the decision to abandon its push to outlaw rental bidding.

Tax & Legal • 26 May 2023

Stamp duty reform isn’t the only way to help FHBs

NSW is once again making changes to first home buyer stamp duty. But if the government really wants to help this cohort, it should broaden its focus, one economist...

Tax & Legal • 24 May 2023

What investors can expect to pay under Victoria’s new COVID-19 debt levy

The 2023–24 Victorian state budget brings big changes for some property holders.

Tax & Legal • 23 May 2023

Victoria scraps stamp duty for commercial properties in ‘landmark’ reform

Commercial and industrial property buyers will soon no longer pay stamp duty after the Andrews government announced a “landmark” reform in Victoria’s tax system in...

Tax & Legal • 23 May 2023

NSW gives up on getting rid of stamp duty

NSW will no longer allow first home buyers to pay yearly land tax instead of stamp duty, less than six months after the policy was introduced.