Forms for Tax Agents starting with: R
Rental income IR264
(published September 2009)
About this guide
This guide explains the tax rules for people who own rental property. It is intended for people who own one or two rental properties, or who have boarders or flatmates rather than larger property investors. We recommend that you use a tax advisor or an accountant if you have several rental properties or are a commercial operator.
Adobe Acrobat PDF | 247kb | 45 pages
When to use this guide
If you have one or two rental properties or boarders and flatmates learn here about:
- what income you must include in your tax return.
- the expenses you can deduct from this income for tax purposes.
- the records you'll need to keep.
- what to do if the property is owned by more that one person.
- what happens if the property is sold.
What you will need
