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 • 16 May 2023

ATO crackdown focuses on rental properties, work claims, CGT

A trio of targets will get special scrutiny this year and the Tax Office expects to issue fewer refunds.

Tax & Legal • 13 May 2023

ATO rental property focus to keep investors on their toes

An understanding of how CGT works for homes and rentals is vital, says HLB Mann Judd.

Tax & Legal • 11 May 2023

Beginner’s Guide to Valuing Commercial Property in Australia

Valuing a commercial property in Australia can be a complex process, requiring careful consideration of various factors that impact the property’s value.

Tax & Legal • 11 May 2023

Minns cracks down on rental bidding

New South Wales Premier Chris Minns is set to introduce rental reforms that aim to stamp out the practice of rental bidding in an effort to improve prospects for the...

Tax & Legal • 06 May 2023

Only 50% of SMSFs have lodged their 2022 audit with 9 days to go

Only half of SMSFs have completed their audit for the 2022 income year, according to the ATO.

Tax & Legal • 26 Apr 2023

Proposed anti-money laundering reforms to make housing transactions more ‘expensive and complex’: REIA

Proposed changes to the country’s anti-money laundering and counter-terrorism financing (AML/CTF) laws will do more harm than good to the real estate market, the Real...

Tax & Legal • 21 Apr 2023

Accountant raises alarm on ATO investor tax crackdown

Property investors must be “particularly careful” not to understate their income or overclaim expenses this tax time, an accountant has warned.

Tax & Legal • 21 Apr 2023

Qld makes good on sunset clause crackdown

The Queensland government has limited the power of sunset clauses in off-the-plan contracts that some shady developers were using to pull out of existing deals when they...

Tax & Legal • 14 Apr 2023

New NSW government praised for ‘clear direction’ when it comes to property

Newly elected Premier Chris Minns’ pledge to address NSW’s critical housing supply problems has been commended by the state’s peak real estate body as a step in...

Tax & Legal • 12 Apr 2023

ATO to further scrutinise 1.7m property investors

As part of a regular review of returns related to rental property landlords, the Australian Taxation Office (ATO) will collect residential investment property loan data...