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Owners of investment properties in Australia must pay income tax on rental income, capital gains tax on property sales, and may be eligible for various deductions.
2 years ago
What taxes are applicable to owning and earning income from an investment property in Australia?
2 answers from the community
Owners of investment properties in Australia must pay income tax on rental income, capital gains tax on property sales, and may be eligible for various deductions.
2 years ago
Common deductions include interest on loans, maintenance costs, and depreciation on the property and its contents.
2 years ago
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