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INVESTING IN PROPERTY BLOG

Our property investment blog brings you all the best articles from industry investment property experts.

Making your main residence an investment property

It’s not unusual for a homeowner to turn their main residence into an investment property. They may do this for various reasons, such as moving for work, travelling overseas for an extended period or they may simply decide to buy another property and rent out their previous home. Before you turn your home into an investment property, there are several factors to consider. Tax deductions and additions Once a main residence turns into an investment property, tax reporting requirements change. You will be able to claim property expenses such as interest costs, maintenance and management fees as tax deductions. On the flip side, the rental income you receive will become assessable income for tha

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