04/09/2026
Own a rental property? 🏠 Your agent’s annual statement may not capture everything you need to consider at tax time.
Interest and depreciation need to be accounted for properly, along with out-of-pocket costs such as landlord insurance, council rates, water bills, and certain repairs and maintenance.
For interest deductions, how the borrowed funds were actually used matters. For depreciation, a Quantity Surveyor’s tax depreciation schedule may be required.
Save this for tax time ✅
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