Blue Orchid Accounting - Pattern

Investment Property Accountant Central Coast

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Happy meeting — Your Trusted Accountant on the Central Coast, NSW

Proactive Tax Planning Strategies & Advice

When it comes to taxation and property investment advice on the Central Coast, the team at Blue Orchid Accounting is here to help. With solid experience in property investments, coupled with our deep knowledge of taxation and financing, our team assists you across a wide scope of items, such as rental schedules, minimising tax, and getting your accounts in order. If you’re thinking of managing an investment property, you may be wondering:
  • Are your rates tax-deductible on investment properties?
  • What expenses classify as tax-deductible?
  • What about stamp duty tax on investment properties?

The team at Blue Orchid Accounting can answer these questions and more. We strive to ensure our clients are managing and growing a good portfolio of properties, offering optimal investment tax benefits. We can assist with:

  • Property investment tax strategies
  • Property investment structuring
  • Property investment portfolio review
  • Income tax variations
  • Capital gains tax

Be Informed & Stay Focused

At Blue Orchid Accounting, our team will assist you in all matters pertaining to investment property taxation and financial planning. Setting out your goals and accounts will help make sure you stay focused during your investment journey.

Whether you’re new to the world of investment properties or are already maintaining a well-developed portfolio, our team will help ensure you’re covering all your bases and are setting out to make informed and focused decisions on your finances and investments.

Knowing the market and staying informed can be key to making the right investment choice. On this website, you’ll find a comprehensive list of Useful Links and News Articles to keep you informed and up to date on all matters relating to taxation, investments, and accounting.

Need further assistance? Don’t hesitate to call Blue Orchid Accounting on the Central Coast. Call 1800 008 664 or drop us a line to book a consultation.

Guy on white polo and black tie — Your Trusted Accountant on the Central Coast, NSW
Printed graphs — Your Trusted Accountant on the Central Coast, NSW

Property Investment Checklist —

Investing in property is a business decision, not an emotional reaction. We can help you plan your goals, defining an investment that’s right for your needs, and help budget for the future.

Consider our property investment checklist:

  • Check your finances—list your assets, income, & expenses
  • Get a pre-approval—this is an option to consider if you’re not sure you’re financially ready to invest
  • Set your goals—what are you looking to achieve with your investment?
  • Understand risk issues—consider what sort of risk level you can accept
  • Start a budget—ensure that you’re able to balance your income & expenses & plan for bigger expenses further down the track
  • Create a purchase plan—this will facilitate your goals of growing your portfolio to a point where it’s producing the growth or income you’re aiming for
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Browse Through Our Other Services

Since 2011, the team at Blue Orchid Accounting has been providing trusted accounting and taxation services on the Central Coast for a wide variety of clients. We work with:

For business clients, we also offer a range of company secretarial services, helping ensure you’re compliant and up to date with all tax and accounting matters.

Get in touch today with Blue Orchid Accounting for your first consultation.

Guy looking into paper — Your Trusted Accountant on the Central Coast, NSW

Investment Property Accountant FAQs

Hiring an investment property accountant is a strategic move that can significantly enhance your property investment journey. These professionals have a deep understanding of property tax laws, deductions and investment strategies. They’re equipped to help you navigate the complex world of property investment, ensuring you’re compliant with all relevant laws and regulations.

An investment property accountant can help you maximise your returns by providing strategic advice on tax-efficient structures and strategies. They can also help you minimise your tax liabilities by identifying all allowable deductions and ensuring you claim them correctly. Moreover, they can provide valuable insights and advice on property investment strategies, helping you make informed decisions that align with your financial goals. Their expertise can save you time and stress, allowing you to focus on growing your property portfolio.

Investment property accountants offer a comprehensive suite of services designed to support property investors. These include tax planning and advice, preparation and lodgement of tax returns, capital gains tax advice and guidance on property investment strategies. They can assist with structuring your investments for optimal tax efficiency and asset protection. This involves setting up the right legal structures, such as trusts or companies, to hold your property investments.

In addition, they can provide advice on financing strategies, helping you structure your loans in a way that maximises tax benefits. They can also assist with budgeting and cash flow management, ensuring you have a clear understanding of your financial position and help you make more informed investment decisions.

Choosing the right investment property accountant involves considering several key factors. Firstly, consider their qualifications and experience. Look for an accountant who specialises in property investments and has a proven track record in this field. Secondly, ensue they understand your investment goals and strategies. They should be able to provide personalised advice that aligns with your financial objectives.

Finally, consider their communication skills and customer service. You’ll be working closely with your investment property accountant, so it’s important to choose someone you feel comfortable with and who can explain complex financial concepts in a way that’s easy to understand.

Yes, an investment property accountant can certainly assist with prior-year tax returns. They can review your past returns to ensure you’ve claimed all eligible deductions and haven’t overpaid tax. If they find errors or missed opportunities, they can lodge amended returns to correct these issues.

This service can be particularly valuable if you’ve recently started investing in property and weren’t aware of all the deductions

An investment property accountant can play a crucial role in helping you identify and claim all allowable deductions for your rental property. This includes interest on loans, property management fees, maintenance and repair costs, insurance, council rates and depreciation.

By maximising your deductions, they can help reduce your taxable income and increase your return on investment. They can also ensure you’re claiming these deductions correctly, reducing the risk of errors that could trigger an audit by the tax office. In addition, they can provide advice on capital works deductions and depreciation schedules, which can provide significant tax savings over the life of your investment property.