claims

Applying the $20,000 instant asset write-off

Applying the $20,000 instant asset write-off

Small business owners can enjoy $20,000 instant asset write-off before the end of 2018 financial year. If the business does require new capital purchases (such as equipment, tools, office furniture, etc.), it may be a good idea to take the advantages before the end of the concession period. This may also significantly change your year-end…

What deductions can you claim for an Airbnb host?

What deductions can you claim for an Airbnb host?

It is getting more and more popular for real estate property investors to get involved for Airbnb market. This is because the significant rental return as well as its flexibility compared to the traditional leasing activities. Now, the biggest question for investors is: what kind of deductions (to what extent) can you actually claim to…