10 Steps To Reduce Tax On Your Investment Property

Maximise your returns with these 10 steps on how to reduce tax on your investment property.

1. Know what you can claim

Many of the expenses involved in owning an investment property are tax deductible. Property investors can typically claim deductions for the interest incurred on a home loan, property management fees, any insurance costs, council and water rates and land taxes. A property investor may also be eligible to claim thousands of doll…