Introduction to rental property and tax
Tax tips on owning a rental property, including:
- record keeping
- what amounts to declare as income
- what expenses to claim as a deduction.
Media: Introduction to rental property and tax
https://tv.ato.gov.au/ato-tv/media?v=bd1bdiun85io6mExternal Link (Duration: 02:07)
Claiming depreciating assets
Find out about depreciating assets and when you can claim them as a deduction for a rental property.
Media: Claiming depreciating assets
https://tv.ato.gov.au/ato-tv/media?v=bd1bdiun85ity3External Link (Duration: 02:20)
Claiming interest expenses
How and when you can claim a deduction for the interest on your rental property.
Media: Claiming interest expenses
https://tv.ato.gov.au/ato-tv/media?v=bd1bdiun85itf1External Link (Duration: 02:20)
Co-owners of a rental property
Rental income you must declare and the expenses you can claim if you co-own a rental property.
Media: Co-owners of a rental property
https://tv.ato.gov.au/ato-tv/media?v=bd1bdiun85ittqExternal Link (Duration: 02:18)
Getting repairs and capital works right
Find out what you need to know before claiming a deduction for repairs and improvements to your property.
Media: Getting repairs and capital works right
https://tv.ato.gov.au/ato-tv/media?v=bd1bdiun85itx8External Link (Duration: 02:32)
When can I claim a deduction for rental expenses
When you can and can't claim a deduction for rental property expenses.
Media: When can I claim a deduction for rental expenses
https://tv.ato.gov.au/ato-tv/media?v=bd1bdiun85itedExternal Link (Duration: 03:07)
Selling your rental property
You may have to pay tax on any capital gain make on it and report any capital losses.
Media: Selling your rental property
https://tv.ato.gov.au/ato-tv/media?v=bd1bdiubfs6pgxExternal Link (Duration: 02:46)
Selling a rental property that was your home
There are special capital gains tax rules that apply when you sell a property that was used for renting and also your home.
Media: Selling a rental property that was your home
https://tv.ato.gov.au/ato-tv/media?v=bd1bdiubfs6pgqExternal Link (Duration: 03:17)
How to include rental income and expenses in myTax
This ‘how to’ video assists rental property owners to correctly complete the rent section of myTax.
Media: How to include rental income and expenses in myTax
https://tv.ato.gov.au/ato-tv/media?v=bd1bdiubtjsfhwExternal Link (Duration: 01:56)
How to complete myTax when you’ve sold a rental property
This video explains how to complete myTax when you've sold a rental property.
Media: How to complete myTax when you've sold a rental property
https://tv.ato.gov.au/ato-tv/media?v=bi9or7odtggh5rExternal Link (Duration: 04:20)