Residential rental properties

If you're buying a rental property, it's important you get the right advice from the very beginning.

Understand the tax requirements for owning and renting a property and holiday home and what records you should keep.

Check which rental income you must declare and where you should declare it in your tax return.

Check the expenses you can claim as a deduction for your rental property.

Your rental property must be rented out or available to rent on commercial terms to claim deductions for your expenses.

If you own a rental property or holiday home, work out if your rental arrangements are for investment or business.

Find out about what records to keep and for how long for rental properties and holiday homes.

Find out about the national rental affordability scheme and investing in affordable rental housing.