Income Tax for Residential Landlords: Rules and Relief

The income tax rules that apply to residential landlords can be complicated. This has been made worse with ring-fencing of residential rental losses, interest deductibility limitations, and bright-line rules.

However, with a new Government, some relief for residential landlords could be on the horizon. The session will provide an overview of the rules and how they might apply with practical examples.

In particular, the webinar will cover:

• Land taxation rules that apply on sale:
  
  • Standard rules.
  • Bright-line.
• Loss ring-fencing and quarantining.
• The interest deductibility limitation.
• Depreciation of assets, including buildings.
• Leasehold improvements.
• Repairs and maintenance (R & M).
• Lease premiums and discounts.

The webinar will work through a variety of practical examples, including how the rules apply to real property investment, and will discuss the impact of any changes made to any relevant rules under the new Government.

Suited to:

Accountants, Lawyers, and Real Estate Agents.