End of Financial Year: A Reminder for Our Landlords
With the End of Financial Year fast approaching, now is a good time for Landlords to get organised and ensure their records are up to date ahead of tax time.
With rising holding costs and ongoing discussion around Federal Budget reforms, many investors are taking the opportunity to review their investment property's financial performance and prepare the documentation they may need before 30 June.
While every investor's circumstances are different, EOFY can be a useful reminder to:
- Organise receipts and invoices relating to your investment property
- Review maintenance and repair expenses incurred throughout the year
- Ensure your records are up to date
- Check whether you have a current depreciation schedule for your property
- Speak with your accountant or tax professional if you have questions about available deductions
Don't Overlook Depreciation
A depreciation schedule may identify deductions relating to the building structure, fixtures, fittings and eligible improvements within an investment property.
As tax laws and depreciation rules can vary depending on individual circumstances, investors should seek advice from a qualified accountant or tax professional.
Helpful Information for Landlords
The Australian Taxation Office provides information for rental property owners, including guidance around income, expenses and deductions.
You can access the ATO's Rental Properties Guide here:
https://www.ato.gov.au/forms-and-instructions/rental-properties-2026
Being prepared at tax time isn’t just about compliance — it’s about making your investment work harder for you. If you need recommendations for trusted quantity surveyors or want help compiling your EOFY documentation, our team is here to assist.