FAQs

What do I need to prepare for my investment property return?

INCOME

• Real estate agent fees – yearly statement
• Insurance recoveries
• Other income

EXPENSES

• Advertising costs
• Body Corporate Fees
• Costs incurred to maintain the property, including but not limited to cleaning and cleaning products.
• Council Rates
• Fee to obtain Quantity Surveyors Report
• Fees charged by the bank
• Gardening & Mowing Costs
• Gifts to tenants upon your visit.
• Insurance Fees
• Interest Paid on the loans, so please bring in the Loan statement for the year.
• Internet & telephone expenses
• Land Tax
• Legal Fees
• Postage, telephone and stationery costs of your investment
• Printing & Stationary as well office equipment purchased to maintain bookkeeping etc.
• Protective clothing bought to maintain the property
• Repairs to the investment property
• Water Rates
• We also suggest that your provide us with a contract of purchase and a statement of adjustment.

Please note that you must have kept proper records and logs of those expenses.