Owning Property · Koste Knowledge Base
What Tax Concessions Are Available to Property Investors in Australia?
Quick Answer
Property investors in Australia can benefit from various tax concessions, including depreciation under **Division 40** and **Division 43** of the ITAA 1997, and a CGT discount for properties held over 12 months. These concessions can significantly reduce taxable income and capital gains liability. Consult with a Chartered Quantity Surveyor and accountant to optimise these benefits.
tax concessionsproperty investmentdepreciationcapital gains taxAustralian property
Written by Koste Team · Koste Chartered Quantity Surveyors · AIQS Member · RICS Member · TPB Registered · 1300 669 400 · info@koste.ai