Tax Return Checklist for Property Investors


  • Rental Property Summary Report from your Real Estate Agent
  • Details of any other income – including insurance payouts for damages, reimbursements from tenants, etc.
  • Capital Gains from the sale of a property – we’ll need copies of your purchase and sale contracts


IMMEDIATE DEDUCTIONS –  You can claim these expenses immediately in your Tax Return.

Property Management + Maintenance Expenses

Advertising for tenants – paid by you or paid by agent

Body Corporate fees or Strata Title fees and charges. Special levies for capital works on a building can only be depreciated at 2.5%


Gardening / Lawn Mowing

Pest control

Security patrol fees

Administration Expenses

Stationery used to maintain your rental records

Postage on documents relating to property management

Telephone calls relating to property management – Keep a diary record of these to satisfy the ATO

Legal expenses relating to debt collection or tenant problems

Electricity and gas – paid by you





Public Liability

Property Agent Management

Fees/commissions – including GST


Statement fees and

Bank charges/fees

Lease document expenses

Letting fees