Buying a Rental Property?

Buying a rental property can be a large step towards financial independence but it can also be a thorn in your side. Let us help you find the right structure and help you work out how much the property may cost you. Did you realise your intentions around the property and the reasons why you buy it can affect the tax outcomes of the property? Don’t get caught out let us make sure you get it right.

Have you considered any of these?

  • What structure will you use to hold the property: e.g. a company, sole trader or trust
  • How will the new law changes affect your decision
  • How will you keep your financial records
  • What liability will you be exposed to
  • Do you have a budget to top up the mortgage if necessary

These are some of the questions we have helped our clients with as they set up their businesses. If you feel any of these questions are unanswered get in touch and let us show you how we can help.

Get in touch to discuss your Rental Property Accounting requirements