Description

This highly practical webinar examines:

• Tax issues that are important to landlords, including the deductibility of interest and other expenses such as legal fees, repairs and maintenance and expenses to meet the “healthy homes” standards; and
• Tax issues that affect both landlords and tenants, including the tax treatment of “free fit-outs”, and the tax treatment of lease inducements and lease surrender payments.

Case studies will illustrate the application of these issues.

ORIGINAL BROADCAST DATE

3 August 2023

LEARNING OUTCOMES

You will:

• Learn when and how the interest limitation rules apply
• Know when legal fees and other acquisition costs will be deductible
• Understand what amounts to “repairs and maintenance”
• Know when expenses to meet “healthy homes” standards will be deductible
• Learn when expenses can still be deducted when a property is vacant
• Understand the tax treatment of “free fit-outs”
• Know how lease inducement and surrender payments are taxed

SUITED TO

Accountants, tax lawyers, property lawyers and others who advise clients on land transactions.

PRESENTER

Stephen Tomlinson, Principal, Tomlinson Law.