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Property owners' top tips to win the tax marathon

SMATS Group, who provide Australian taxation, finance and property investment services, have provided their top five tips to ensure property investors and buyers can navigate the tax maze.

Stopwatch in front of stacks of gold coins.
Property-related tax is a time-consuming business but these tips could lead to gold.

Australia’s tax regime is regarded as one the most complex in the world, where working from home or renting out a room

can generate more recordkeeping than a vinyl music collector.

But if Australia is record holder for generating tax minutiae, it also necessitates the need for a strategy worthy of a world record marathon runner. It’ll probably take more than the record-setting two hours, one minute and 39 seconds achieved by Kenyan Eliud Kipchog…