Property Manager

Tax tips for independent property managers in Australia.

Allowable Expenses

• Travel — Mileage for property inspections.
• Software — Property management and trust accounting tools.
• Licensing — Real estate registration and license fees.
• Home Office — Administrative work done from home.

Tax Tips

• Track all travel between properties carefully.
• Professional indemnity insurance is a must and deductible.
• Claim for your mobile phone used for tenant and owner contact.

Frequently Asked Questions

Can I claim for travel to inspections?

Yes, this is a core business expense.

Is my property software deductible?

Yes, subscriptions for business software are deductible.