Rental Properties

Rental Properties Services

Do you own a rental property? Investing in property can be both risky and rewarding. When it comes to tax, it can be a little confusing too. With the right accountant on your side though, it doesn’t have to be.

Make the most out of your rental property

Landlords of Australian rental properties have a duty to maintain the property, as well as be responsible for financials, taxes and utilities. Knowing where you stand as an investment property owner will put you in better control of your finances.

With a broad range of possible tax deductions for your property expenses, you can boost your tax refund, leaving more rental income for you. The right accountant can help you make the most out of your rental property. They might even help you discover a deduction you hadn’t previously considered – and this is just the beginning.

How Crest Accountants can help

At Crest Accountants, we’ve been helping property owners on the Gold Coast, make the most out of their rental properties for over 45 years. We’re here to help you make the most out of yours too.

Our Rental Property Services include:

Tax minimisation guidance
Land tax deductibility and minimisation
Lease Agreement review
Ownership structure advice
Depreciation
Regular reviews
Investment forecasts

Looking for the right accountant to help you with your rental property? At Crest Accountants, we’re your Rental Property Tax Accountants on the Gold Coast.

News about Rental Properties

News

Own a Rental Property in QLD? Have You Updated Your Smoke Alarms?

Smoke alarms save lives – there are no ifs, buts or maybes about it, and since July 1st, 1997, they have been a mandatory requirement in Australian residential buildings (and extensions). Flashforward to now and Queensland landlords must abide by new changes to this law. These changes, effective from 1st of January 2022, will see […]

Mortgage Broking

Crest Lending – 4 Tips of Successful Property Investors

Australian’s love investing in property, and it’s no wonder why. Property investment helps you grow your wealth through capital growth and provides additional income via rental returns. Interested in buying an investment property? Need a few tips? Let’s look at some of the traits of successful property investors. They are proactive and motivated about self-education […]

Insurance

Need help understanding the claims process?

As a business owner, homeowner, or any other individual with insurance, I’m sure you would like to imagine insurance as peace of mind, and peace of mind only. However, when an unexpected and adverse incident presents itself and you need to make a claim on your insurance policy, it’s worth knowing how it’s managed. Even […]

Business Protection

What are the Risks of Underinsuring Your Business?

You insure your home and your contents, your car, health and maybe even your pet’s health! So, if you’re a business owner, you know the importance of suitable business insurance, too. Or do you? Did you know up to 62% of small to medium businesses admit that they’re unlikely to have the right insurance in […]

Insurance

The Importance of an Insurance Policy Review – Crest Insurance

All Australians need insurance in their life, in more ways than one. We insure our home and its contents, our cars and other vehicles, health, holidays and more. Insurance isn’t a set and forget solution though. So, if you’ve had the same insurance policies in place for a long time, there’s every chance your circumstances […]

Insurance

Business Interruption Insurance: what you need to know

Business insurance exists to protect your business from unlikely, unfortunate events and all the risks that may present themselves in the everyday operations of your business. Rarely, and hopefully never, your business may be interrupted, or closed for an undetermined period due to any number of issues (cyber hack, structural damage brought on by wild […]

Property

Your Gold Coast Property Update – Gold Coast Accountant

Huge demand and low supply are seeing winners and losers in the property market, with the Gold Coast region still proving an enviable, competitive market that so many people want to call home. Locals and expats, even interstate buyers are ready, willing and able to get their hands on a little slice of Gold Coast […]

Property

Gold Coast Property Outlook for 2021

On a global scale, the year that we left behind was a year of tumultuous change, in health and economies. On a local scale, the Gold Coast property market saw interesting and actually quite positive performance. Yet, with a new year, comes new challenges, new hope and new market factors and demands. Want to take […]

Tax

REMINDER: Paid a tradie? TPAR reporting is due 28 August

The Australian Taxation Office (ATO) has reminded businesses that pay contractors for certain services that they may need to lodge a Taxable Payments Annual Report (TPAR) with the ATO by 28 August 2020. If you’ve paid a tradie or other contractor for building and construction services in the past year, you might need to lodge […]

News

COVID-19: The Government’s $25k HomeBuilder Scheme

HomeBuilder scheme offers $25k for home renovations The Federal Government has unveiled its HomeBuilder package, offering a tax free grant of $25,000 to eligible home owners to build or substantially renovate their homes. With the announcement of the latest stimulus package estimated at a total of $680 million, the Government is expecting about 27,000 homeowners or builders […]

COVID-19

COVID-19: Monitoring the Gold Coast Property Market in 2020

The sandy beaches, sunshine and laid-back lifestyle has long made the Gold Coast a tourist hotspot and great place to live. At the start of the year, the forecast for the Gold Coast property market looked very positive. But as we’ve seen both nationally and internationally, predictions of economic strength and even life as we […]

News

QLD & NSW COVID-19 Land Tax Relief: Commercial & Residential Property Owners

The Queensland and New South Wales government both recently announced land tax relief for commercial and residential property owners who agree to provide rent relief for tenants affected by COVID-19. The relief includes a 25% rebate of land tax for 2019/20 and a three-month deferral of land tax for 2020/21. Queensland: Eligibility for the land […]

Property

Own a Commercial Residential Property? What you need to know about GST

Are you interested in, or currently own a residential commercial property in Australia? Commercial residential properties range from hotels, motels, caravan parks, camping grounds or any other establishments providing similar residential premises. As a general rule, commercial residential properties are subject to GST (goods and services tax). However, there are instances of GST reduction, like […]

Estate Planning

5 Reasons Estate Planning is so important

You’re young, so you probably don’t need a will or plan for your estate yet, right? Wrong. The sooner you get your estate plan in place, the sooner you can continue focusing on your life, building your career and spending quality time with your family, with the peace of mind you deserve. You may also […]

Asset Protection

Asset Protection and how an Accountant can help

You’ve worked hard for your assets; your home, business, cars, boat, shares and any other investments you may have, but are they adequately protected? Yes, you may have home and car insurance, but have you actually protected your wealth? These days, we have many things to worry about, and whilst we don’t want to add […]

Rental

Rental Properties and Deductions : What you need to know

Are you a property owner confused about what you can or can’t claim for your rental property? What you may not know, is that deductions are only viable during the time that you rented the property out or it was genuinely available to rent. Essentially, if the property is tenanted or if you’re actively seeking […]

SMSF

ATO Querying SMSFs Investment Strategies

Have you received a letter from the ATO about your SMSF? At the end of August 2019, The Australian Tax Office (ATO) sent letters to approximately 17,700 self-managed super fund (SMSF) trustees and their auditors. Why you received this letter? Under regulation 4.09 of the Superannuation Industry (Supervision) Act (SISA), your current SMSF investment strategies […]

Lauren Gregory

04:10 20 Jun 19

Recently I came on board as a client, and cannot recommend Angela highly enough. To date, my experience with Angela and the team has been fantastic and I would not hesitate in providing a referral. I have been impressed with the prompt return of calls and emails, and have had all work completed within our agreed time frames. The valuable taxation and small business advice I have received has been incredibly useful and provided me with support and guidance on my personal and business journey. If you are looking for a Tax Accountant or Advisor, don't hesitate in making the move over to Crest.

Danny Ellem

05:07 09 Oct 19

I cannot commend Crest Advisors lending team enough. As first home owners, we found the place we wanted and knew we had to find someone to make our loan happen. Dion & Nat, not only had fantastic communication & correspondance, they worked with us on finding what we wanted and helped us secure our first home. The were patient & explained everything as we were completely new to it all. They gave us direction and guidance in what we needed and were very thorough with what they needed.We cannot thank Dion & Nat enough and highly reccomend them to anyone.

Feng Lin

00:56 03 Sep 19

Very good fellows! Hepled us to start our business in this country and looked after our accounting very well from the first day at low costs!Strongly recommending people to engage Crest Advisors for any business or individual services!

Kelly Penman

07:29 22 Sep 19

An excellent dealing with Natalie from start to finish, she was very patient with me while i was purchasing my vehicle, can highly recommend easy process and great to communicate with .

The Edit Suite

01:20 20 Aug 19

We have had the great experience of working with the friendly team at Crest Advisors and would highly recommend them. Fantastic team, terrific space and caring attitude.

Carla Schesser

05:43 02 Dec 19

I recently worked with Louise on a full website design & build project for Crest Accountants. Throughout the whole process, Louise was highly organised, detail-oriented and super communicative which made the project a massive success.It was apparent from the start of the project together that Louise was passionate about Crest Accountants, the vision and did everything needed to ensure the website was perfect.Thank you Louise for all your efforts and I look forward to working on the next project soon!

Phillip Crawley

12:11 08 Dec 19

Ryan, Nicole & Robert are all very skilled at what they do, highly recommend.

Jed Newnham

23:59 29 Nov 16

I highly recommend Crest Advisors. I have been working with Crest for 4 years and they assist me personally and my business in several areas including Cashflow forecasting, tax planning, business structuring, BAS, Finance, Insurance and SMSF. They provide excellent services and will help you achieve your personal and business goals. Jed Newnham, Managing Director of Newnham Scaffolding