Taxation of Landlords and Tenants 2024 - 25 July 2024 (On Demand)
1.5 CPD Hours
Description
Practical Guidance on Common Tax Issues.
This highly practical webinar examines:
- Tax issues that are important to landlords, including the deductibility of interest and other expenses such as legal fees, repairs and maintenance and expenses to meet the “healthy homes” standards; and
- Tax issues that affect both landlords and tenants, including the tax treatment of “free fit-outs”, and the tax treatment of lease inducements and lease surrender payments.
Case studies will illustrate the application of these issues.
ORIGINAL BROADCAST DATE
25 July 2024
LEARNING OUTCOMES
You will:
- Learn when and how the recently-amended interest limitation rules apply
- Know when legal fees and other acquisition costs will be deductible
- Understand what amounts to “repairs and maintenance”
- Know when expenses to meet “healthy homes” standards will be deductible
- Learn when expenses can still be deducted when a property is vacant
- Understand the tax treatment of “free fit-outs”
- Know how lease inducement and surrender payments are taxed
SUITED TO
Accountants, tax lawyers, property lawyers and others who advise clients on land transactions.
PRESENTER
Stephen Tomlinson, Principal, Tomlinson Law