ATO ATTENTION – Negatively Geared Rental Properties

negative geared rental

Time to review negatively geared rental claims. The ATO have recently announced they will double the number of audits in relation to rental property deductions. Specifically, the ATO will focus on over-claimed interest, capital works claimed as repairs, apportionment of expenses for holiday homes and accommodation sharing. It’s noteworthy; they have stated they will be […]