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text 2017-07-24 05:17
Southbourne Tax Group Review: How to reduce your tax-time burden as a property investor

 

Submitting your tax returns properly and correctly is crucial as a property investor. Southbourne Tax Group, as a company committed to giving help to people with their taxes, prepared the following simple tax tips to provide property investors some guidance in handling their taxes.

 

Having completed and appropriate returns are really important because when submitting tax returns, landlords usually come under inspection. One of the things that Southbourne Tax Group needs you to do is to consult your accountant to identify what can and cannot be claimed as a tax-deductible expense. This way, you can make sure that all claims are legitimate and the tax return amount is maximized.

 

Getting the professional service and advice from a tax specialist will make your taxes easier as well. Southbourne Tax Group suggests continuing reading to learn more tax tips.

 

First, in order to reduce the tax payable, offsetting the net loss generated by negative gearing against other income is suggested. As a landlord, you can claim the interest if a property is available for rent, but you can’t claim the interest for the full 12 months if that is lived for half a year and then leased as a holiday rental for the other half.

 

Second, it is important to ensure having the right coverage in checking your insurance policy. Experts also said that landlords won’t be covered for certain risks included in property investing with a standard home and contents insurance policy.

 

Third, do not forget to claim the costs that you are rightfully entitled to, said Southbourne Tax Group. As said earlier, it is really important to discuss and confirm with your accountant first on what can and cannot be claimed before submitting your claim.

 

Fourth, you can claim the costs of working from home if you are one of those self-managing landlords. However, not all costs can be claimed such as buying a computer and the monthly internet bills, but a fair amount of this can be deductible.

 

Lastly, hiring a property manager and the costs involved in it can be a deductible expense too, plus they can be very helpful to you. Hiring a property manager can help you save time because they can create a potential tax benefit while also assisting with the organization at the same time.

 

Getting the services of a trusted property manager can help reduce your burden during tax time since they can take good care of the administrative responsibilities involved in an investment property, along with compiling and completing important paperwork.

 

Reducing your tax-time burden could include different factors and some of which were discussed in this post. Southbourne Tax Group can provide a helping hand if you need more tips or advice, just give them a call today and witness their professional tax service.

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text 2017-07-24 02:25
Southbourne Tax Group Review: How to avoid doing taxes wrong as a property investor

Property investors should know how important it is to settle their tax returns correctly. The following are some tax tips prepared by Southbourne Tax Group to help you avoid having errors on your taxes.

 

When lodging tax returns, landlords usually come under inspection from the government so it is really crucial for them to have complete and accurate returns. In order to determine what can and can’t be claimed as a tax-deductible expense, Southbourne Tax Group suggests consulting your accountants as a landlord. With this, all claims are ensured legitimate and the tax return amount is maximized.

 

If you seek to make taxes easier as a landlord, it would be better to get the professional advice of a tax specialist. It is sometimes unavoidable to have tax-time stress but just continue reading and Southbourne Tax Group has a few more tips for you.

 

Negative gearing: In order to reduce the tax payable, the net loss which generates from negative gearing should be offset against other income. If a property is available for rent, landlords can claim the interest. However, you can’t claim the interest for the full 12 months of a property that is lived in for half a year and leased as a holiday rental for the other half.

 

Insurance: Making sure that you have the right coverage in checking your insurance policy is also important. Landlords won’t be covered for particular risks involved in property investing with a standard home and contents insurance policy.

 

Expenses: Southbourne Tax Group suggests not forgetting to claim the costs you are duly entitled to. As mentioned before, before submitting your claim, confirm first with your accountant on what can and cannot be claimed.

 

Offsetting costs: Are you one of the self-managing landlords? Working from home and its costs could be claimed as well, but not all since only a fair and reasonable part of it can be deductible.

 

Property manager: The cost of property managers can be a deductible expense said experts and they can be helpful to landlords as well. Landlords can save time by hiring a property manager because they can create a potential tax benefit while assisting with the organization at the same time.

 

Moreover, the administrative responsibilities included in an investment property can be taken good care of a trusted property manager, so with the help of such professional, the tax-time burden can surely be lessened.

 

You can contact Southbourne Tax Group today to know more steps on how to avoid doing taxes wrong with their proper tax guidance and service.

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review 2017-07-20 18:02
The Secret Marriage Pact (The Business of Marriage) - Georgie Lee

Jane Rathbone was jilted and now wants to find a future. Her brother is happily married and she wants at least a house of her own, but in this time she needs a husband. She sets her cap at Jasper Charton who is an old friend and her ex-fiance's brother.  He has returned from America and is looking forward to a future in England, he wants a wife, but his past has murky moments and he's afraid if he admits to it all she will reject him.

 

Dammit people, talk.

 

Interesting but relied too much on the hidden secret trope.

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