We have developed a comprehensive checklist for your investment properties.
Please forward the information/documents to us for the preparation of your tax return if you have investment properties.
Please note this checklist apply to both residential investment and commercial properties.
| Rental Property Information Checklist |
| 1. Provide how many weeks the property has been rented. |
| 2. Provide annual rental statement from real estate agent. (if you manage by yourself, please provide summary of income and expenses.) |
| 3. The following expenses may not be included on annual statements –please provide: |
| · Advertising expenses |
| · Body corporate fees |
| · Cleaning fees |
| · Council rates |
| · Gardening expenses |
| · Insurance |
| · Interest (please provide loan statements) |
| · Loan establishment fees expenses on new or re-financed loans |
| · Land tax |
| · Bank Fees, including annual package fee |
| · Pest control |
| · Repairs & Maintenance |
| · Electricity expenses |
| · Depreciation reports |
| · New asset purchases including description, date and cost of each item e.g. carpets, ovens etc. |
We will also need the following information if you have bought/sold an investment property
| · Property contract of sale |
| · Statement of adjustment |
| · Conveyancing/solicitor costs |
| · Property agent selling costs |
| · Any other relative costs |