A Dummy’s Tax Guide to Rental Properties

Explore the tax fundamentals related to rental properties, from income reporting and deductions to compliance and more.

In this session, we cover:

• Income & General Deductions

  • Rental Income

    • Non-commercial rent arrangements

  • Immediate Deductions

    • Property genuinely available for rent​

    • Apportionment of expenses

  • Repairs v Improvements & initial repairs

    • Capital improvements

    • TR 97/23

  • Borrowing Expenses

• Capital Works & Depreciating Assets

  • Capital Works (Division 43)

  • Depreciating Assets (Division 40)

    • Second hand assets

• Case Study Examples

Date recorded: 19 September 2025