Top things property investors should consider before EOFY tax time (Part 2)

In this tax-time blog series we pose a few specific questions property investors should consider asking themselves (and their accountant) well before 30 June.

In our first blog instalment we posed the question “Is now (or later) a good time to sell a property?” 

2 – Is it time to buy another property?

Conversely, good tax planning for the coming year may mean it is time to increase your real estate portfolio.

If you wait until after your accountant has done your tax returns, you may lose the good part of the coming financial year in which you could be accruing income (and deductions) that might benefit your tax position.

Don’t despair if you don’t have time to put in the time and effort to research a sound investment property – our buyer’s agency service takes all the hard work and worry out of finding the next real estate asset to add to your portfolio.