Is keeping track of all those expenses relating to your property getting you down? Does record-keeping, or lack of it, make taxtime one big headache?
Take a tip: Use an app for recording expenses
Reduce your tax bill by claiming all allowable deductions on your rental property. Take a photo of your receipts as you go and use an app – such as ATO’s free app – to help you sort, tag and manage your expenses ready for your tax return.