Property Depreciation Schedules - The New reality


By now you have probably heard that the Australian Taxation Office (ATO) is putting Airbnb owners ‘on notice.’ Airbnb has emailed owners warning them that their details have been shared with the ATO. I suspect that there might be a few ‘Nervous Nellies’ out there – those who haven’t declared the income they have been […]

What are the Tax Deductions from Airbnb?

Have you ever thought about renting a room out in your house on Airbnb for a few extra bucks? I know I have. Airbnb, in case you haven’t heard, is a website that allows you to offer short term accommodation to others, or, you stay at someone else’s place. You can become a mini hotel […]