The big tax mistakes that cost investors' thousands

By: Your Investment Property
 
 
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* Investment

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* Sydney - New South Wales - Australia

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SYDNEY - July 2, 2019 - PRLog -- End of financial year isn't a time that many people look forward to… unless they invest in property, that is. Property owners stand to get a tidy tax return at EOFY, but that's only possible if they know what they can deduct in order to maximise their refund.

To help investors get in the box seat, this month Your Investment Property partnered with Chan & Naylor to create a comprehensive tax mini-guide: packed with tips, tactics and strategies from accounting experts who work with property investors every day, it will help you pay less tax and boost your return.

"When putting this guide together I consulted with seven different accountants, each with different areas of expertise around things like negative gearing, capital gains tax and regular salary and wage deductions," says Sarah Megginson, editor of Your Investment Property.

"The end result is a comprehensive tax guide, full of useful, actionable tips and advice that can assist investors at every stage of their investment journey, whether they're buying, holding or selling their property assets."

Of course, investing is about much more than managing your taxes, so this issue of Your Investment Property also explores a number of other strategies and tactics that property owners can use to maximise their profits. One feature story shows investors who to get started in fractional real estate investing with as little as $100, while another article takes a deep dive into effective property management.

We also profile a stunning Hamptons-style kitchen renovation that added big value, and speak with an investor who has created a multi-million dollar retirement fund based on his strategic property development plays.

All of this, along with the complete guide to maximising your tax refund this year, is available in the new issue of Your Investment Property magazine – on sale from 4 July at leading newsagents and Coles supermarkets nationwide.

To arrange an interview with editor Sarah Megginson about this retirement guide or any other feature stories in this issue, please email karen.uytiepo@keymedia.com or call (07) 2102 1194 ext 734.

-ENDS-

Your Investment Property is the intelligent property owner's choice when it comes to learning about Australia's $6.9 trillion property market.

Your Investment Property provides you with the most complete set of property data, independent commentary and thoroughly-researched articles about all aspects of investing in property in Australia and abroad.

Every issue features in-depth analysis of the market trends that affect your investment. Practical tips and advice on how to manage and finance your investments are also featured regularly to help you make the best decisions.

Your Investment Property carries the most comprehensive data section of any Australian property magazine, with extensive and exclusive data about every suburb in Australia to help you decide where to put your money.

You also get independent expert advice on the best investment strategies for you as well as market analysis from Australia's most trusted and experienced property experts. Plus, every month Your Investment Property carries exclusive information about Australia's up-and-coming property hot spots; real-life success stories of ordinary, hardworking Australians who have achieved financial independence through property; and the latest and most practical legal, tax and financial advice to help you invest safely.

Published by the international media group Key Media, the question isn't whether you need Your Investment Property magazine – it's whether you can risk investing in property without it!
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