Rental Property and Taxation
John Wiley & Sons Inc (Verlag)
978-0-7314-0848-1 (ISBN)
Don't leave the success of your investment up to a visit to your accountant once a year -- this book could save you hundreds!
In print for over 10 years, Rental Property and Taxation debunks the many myths surrounding tax and real estate investment, and takes an objective look at how a loss from a rental property can affect your tax situation.
In this fully updated fourth edition, practising accountant Tony Compton arms rental property owners and would-be owners with the information they need to be better informed about tax as it relates to their own circumstances. It covers all aspects of rental property ownership, including:
allowable deductions
decline in value and construction cost write-offs
negative and positive gearing
record keeping
structures and ownership, and more!
With its plain-English explanations, real-life case studies and the latest updates to tax laws, Rental Property and Taxation will take the 'buy now and hope for the best' factor out of tax planning for rental property investments.
Tony Compton holds a Bachelor of Commerce and Administration from the Victoria University of Wellington, and is an Associate of the Institute of Chartered Accountants in Australia. His accountancy practice is located in Springwood, just south of Brisbane.
Preface v 1 The purchase 1
2 The tax return 9
3 Variations of tax instalment deductions 25
4 The sale 29
5 The goods and services tax 33
6 Capital gains tax and rental properties 37
7 Decline in value revisited 49
8 Construction cost write-off 71
9 Interest 73
10 Interest-only loans: a strategy 79
11 Split loans 81
12 Negative gearing 85
13 Positive gearing 93
14 Repairs and maintenance 97
15 A letter to an agent 105
16 Other tax matters 113
17 Losses on rental property 121
18 Structures and ownership 133
19 Hybrid trusts 137
20 Record keeping 143
21 Preparing your tax return 151
22 Technical matters 157
23 Land tax 179
Conclusion 185
Appendix A: Deduction checklist 187
Appendix B: Pro forma agent's statement summary 190
Appendix C: Pro forma agent's rental statement 191
Appendix D: Pro forma decline in value schedule 192
Appendix E: After-tax cost of interest 193
Index 195
| Erscheint lt. Verlag | 26.6.2015 |
|---|---|
| Verlagsort | New York |
| Sprache | englisch |
| Maße | 140 x 208 mm |
| Gewicht | 249 g |
| Themenwelt | Sachbuch/Ratgeber ► Beruf / Finanzen / Recht / Wirtschaft ► Geld / Bank / Börse |
| Sachbuch/Ratgeber ► Beruf / Finanzen / Recht / Wirtschaft ► Immobilien / Grunderwerb | |
| Recht / Steuern ► EU / Internationales Recht | |
| Wirtschaft ► Betriebswirtschaft / Management ► Rechnungswesen / Bilanzen | |
| ISBN-10 | 0-7314-0848-9 / 0731408489 |
| ISBN-13 | 978-0-7314-0848-1 / 9780731408481 |
| Zustand | Neuware |
| Haben Sie eine Frage zum Produkt? |
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