Maximise your (late) depreciation schedule by amending prior 2 years (and maybe more) tax returns

Many real estate investors are “accidental” investors that haven’t received a full property investment education. Many tax accountants don’t strongly recommend depreciation schedules enough. Even depreciation schedule providers don’t recommend them strongly enough. I have a client that was denied by 2 separate providers that a schedule would be worthwhile. I then called my guy […]

Cancelling GST & transferring car out of entity

If you are expecting to earn less than $75,000 in the next 12 months (i.e. $6,250 or less this month and $6,250 for the next 11 months), then you could deregister for GST. (Note if you are expecting to be more than this then you should register if you haven’t already).   The 4 minute […]

Xero Ask How To

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