Insurances & Tax

The Australian Tax Office allows rental providers to claim costs associated with managing and upkeeping & protecting their investments. Below are costs landlords need to factor in when protecting their asset.

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Taxable deductions

Australian Tax Office: Deductions

Legal Costs

Pest Control

Interest Expenses

Pre-paid Expenses

Management Fees

Insurances

Depreciation

Council Rates

Water Rates

Land Tax

Repairs/Maintenance

Cleaning/Gardening

Landlord
Insurance

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State Revenue Office

The State Revenue Office (SRO) are the major tax collection agency on behalf of the government of Victoria. They work with other financial agencies to set, collect and administer monetary policy.

The can be contacted here