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 taxedwhich expenses are tax
deductiblehow to calculate a capital gain and capital lossabout the
tax issues associated with owning your main residence and overseas
property investmentshow negative gearing worksabout 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.
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