A fine line between property development and “merely realising an asset”
There can often be a fine line between whether a person is carrying on property development activities or is “merely realising an asset”. For example,…
There can often be a fine line between whether a person is carrying on property development activities or is “merely realising an asset”. For example,…
Are you aware of the personal property securities register? What is it? The personal property securities register (more commonly known as the PPSR) is an…
What is it? The personal property securities register (more commonly known as the PPSR) is an official government register. It’s effectively a public noticeboard of…
With residential property values on a sharp upward trajectory, from a tax standpoint, what does this mean for owners and investors of this style of…
Interest is a common deduction claimed by taxpayers. Generally, interest is seen as being inherently deductible where it is incurred in gaining or producing assessable…
Rental property: Tax approach adjusts for COVID-19 The COVID-19 pandemic has placed property owners, and tenants in many cases, in unfamiliar territory. Many tenants have…