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There are numerous tax rules and regulations associated with real estate that you need to comply with and, if you get it wrong, the Tax Office could impose stiff penalties. Fortunately, help is at hand.
In plain English, Property & Taxation explains just what your tax obligations are. Inside you'll learn:
- how property speculators and property investors are taxed
- which expenses are tax deductible
- how to calculate a capital gain and capital loss
- about the tax issues associated with owning your main residence and overseas property investments
- how negative gearing works
- about owning property in different legal structures.
Packed with tax tips, tax traps to avoid and practical case studies, this comprehensive guide will give you the know-how to legally reduce your tax liability — and build your wealth.
- Sales Rank: #3594129 in Books
- Brand: Prince, Jimmy B.
- Published on: 2011-08-03
- Original language: English
- Number of items: 1
- Dimensions: 8.20" h x .48" w x 5.50" l, .60 pounds
- Binding: Paperback
- 232 pages
- Used Book in Good Condition
From the Back Cover
There are numerous tax rules and regulations associated with real estate that you need to comply with and, if you get it wrong, the Tax Office could impose stiff penalties. Fortunately, help is at hand.
In plain English, Property & Taxation explains just what your tax obligations are. Inside you'll learn:
-
how property speculators and property investors are taxed
-
which expenses are tax deductible
-
how to calculate a capital gain and capital loss
-
about the tax issues associated with owning your main residence and overseas property investments
-
how negative gearing works
-
about owning property in different legal structures.
Packed with tax tips, tax traps to avoid and practical case studies, this comprehensive guide will give you the know-how to legally reduce your tax liability???—???and build your wealth.
About the Author
Jimmy B. Prince is a fellow of CPA Australia and a tax specialist. He is a former lecturer at La???Trobe University and teaches at the Centre for Adult Education. He has authored several investment books including Tax for Australians for Dummies, 2nd Edition and Shares & Taxation, and has worked for the Australian Taxation Office and CPA Australia.
Most helpful customer reviews
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Five Stars
By Sebastian Costa
A must read for property investors.
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