Landlords Beware: Key issues for property investors
Are you relying on negative gearing? There has been a lot of negative conversation about negative gearing lately. But, if you are currently negative gearing your investment property, should you be concerned? Negative gearing is when you claim more in deductions than you earn for an income producing asset that you have purchased using debt. It is not limited to property, you can for example negatively gear shares, but property is the dominant negatively geared asset claimed by
Tax Scams Catching Out The Unwary
Every tax time is an opportunity for scammers to target the unwary. This time around, the scammers are phoning and claiming to be from the prosecutions department of the ATO. They then state that they believe you have committed fraud and the Sheriff’s Office has been called. You can of course make this all go away by transferring cash using the details they provide or by giving your details to them. All of it is fake. There are a number of variations to this fake arrest warra
