Owning Property · Koste Knowledge Base
What is My True Net Cost of Holding an Investment Property?
Quick Answer
Calculating the true net cost of holding an investment property involves assessing all associated expenses minus tax deductions and rental income. Key expenses include mortgage interest, insurance, maintenance, and property management fees. Tax deductions, under Divisions 40 and 43 of ITAA 1997, and depreciation can significantly reduce your net cost.
investment propertycash flowdepreciationtax deductionsproperty management
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