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10 Steps to reduce Tax on your investment property

  1. Know what you can claim.

  2. Understand the difference between capital improvements,repairs and maintenance.

  3. Don't forget scrapping when renovating your investment property.

  4. Pre-pay expenses.

  5. Claim for vacant land.

  6. Claim borrowing expenses.

  7. Maintain records.

  8. Understand Capital Gains Tax.

  9. Pay as you go (PAYG).

  10. Engage Experts.

Want to know more? read it here


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