Managing Your Properties
Always use a competent property manager to manage your
Providing income on your property for your tax returns.
Your property manager will provide you with annual financial statements of your properties at the end of each financial year (by June 30). This statement will display your income (rent) and expenditure for your property.
Capital Gains Tax
Your strategy may require you to eventually sell a property.
This may be to reduce your total Loan to Value Ratio (LVR). If so, then keep in mind the tax requirements of selling property such as capital gains tax.