Mt Isa landlord

If you’re thinking of becoming a Mount Isa landlord, here are some tips to help you navigate the process and make it as smooth as possible. When you do, it will help to ensure your property becomes a successful rental. Understand the local market Before diving into the rental market, it’s crucial to understand the

Summer is traditionally our Mount Isa wet season when more than double the amount of rain falls than during the rest of the year. Even though it’s August, it’s never too early to weatherproof your Mt Isa property. Read on to find out our top 5 tips for how to do it. Legal requirements for

Rental property tax deductions are often an Australian Taxation Office (ATO) auditing priority. That’s because many landlords make mistakes with their deductions. Read on to find out all about the most common mistakes and how to avoid them as a Mount Isa landlord. Data matching The ATO also has a data-matching program that helps them

With tax time looming, it’s important for you to maximise your eligible tax deductions if you’re a Mount Isa landlord. While we’re not financial advisers, we can provide you with Australian Taxation Office (ATO) guidance on rental property tax deductions. 1. Borrowing costs Interest on an investment property loan will most likely be the major

Being a landlord isn’t just a case of sitting back and picking up the rent on a residential or commercial investment property. There’s a lot more to it, including legal compliance obligations. Below are our top 5 Mt Isa landlord mistakes (and how you can avoid them). Mistake #1: Not hiring a professional property manager