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How to Reduce your tax and accounting fees while paying the correct amount of tax and not a cent more?

 
Home Tax Tips Individual Tax Tips How much does your Rental Property Cost?
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How much does your Rental Property Cost? PDF Print E-mail

Property Address

 

 

Purchase Price

$

   

Rent $.... per week x 48 weeks

$

   

Less Expenses

 

Real Estate Agent Commission (eg 5%)

$                     

Mortgage Interest (eg $376,878 x 7.19%

$

Rates

$

Body Corporate

$

Repairs & Maintenance

$

Travel

$

Sundries - Insurance

$

Depreciation

$

Total Expenses

$

Net Income/Loss

$

Tax Relief @ eg 31.5%

$

Rent

$

Total Incoming

 

Actual Cash Expenses

 

Net Yearly Cash Outlay

 

Net Monthly Cash Outlay

 



 

Disclaimer: This is not advice. Items herein are general comments only and do not constitute or convey advice per se. The information contained in this article is for guidance only and should not be relied upon without obtaining professional advice having regard to your specific circumstances.
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