Why are we subsidising short-term lets?
As rents soar across Australia there is a quirk in tax law that can only be making matters worse Rents have gone up by 10 per cent or more in…
tax
ATO cracking down on dodgy holiday let claims
Danger, danger, holiday letting hosts! If you have been fudging the figures on your tax claims for your holiday home investments, the Australian Tax Office is coming after you. Actually,…
How investors can save over $10k a year in tax
Anyone who has ever bought a new car will know all about depreciation. The moment the front tyres hit the bitumen outside the car showroom, the vehicle’s value drops by…
TV’s Block buyers ‘could save millions on taxes’
The eventual buyers of the properties being renovated on the Nine network’s Block reality TV series could save millions of dollars in depreciation over the life of their investment. An…
Tax and planning boost for build-to-rent blocks
The NSW government is getting behind build-to-rent housing in a big way, announcing major changes to tax and planning policies to encourage developers to build apartment blocks that will be…
Podcast 94: Tax shock and giving loans some credit
It’s a bit of a Budget special on Flat Chat this week, if only because we are talking about money. Specifically we are discussing the personal taxes that you probably…
Your strata profits are taxable – and it’s personal
Last week we wrote about the clever apartment owners in Bondi who sold common property air space and converted unused storerooms to saleable units, all to fund a major upgrade…
Airbnb – the spoiled brat of holiday lets – grows up
It seems that Airbnb, the spoiled brat of the holiday letting industry, is finally having to grow up and accept some responsibility. Their attitude has previously been ‘we’re so popular…
PODCAST: Holiday lets under cloud but country pubs offer light relief
It’s a short and (hopefully) sweet Flat Chat Wrap this week with JimmyT flying solo as he looks at the clouds gathering over Airbnb and other holiday letting websites –…
Flat Chat Wrap #45 – Airbnb bubble at bursting point?
It’s a short and (hopefully) sweet Flat Chat Wrap this week with JimmyT flying solo as he looks at the clouds gathering over Airbnb and other holiday letting websites –…
Insurance and tax checks squeeze Airbnb hosts
A combination of tax crackdowns and insurance obligations is making the prospect of letting homes on holiday letting websites like Airbnb a much less attractive option, according to a story…
Defects bond? Jail the dodgy developers!
This post, an expanded version of last week’s roundup intro, appeared in this form in the Australian Financial Review. Happy New Year! Two pieces of legislation came into force as…