Managing taxes and accounting on residential or short-term let properties has become increasingly complex due to new rules including interest deductibility limitations and the bright line test.
This complexity is even more pronounced when dealing with short term rentals through Airbnb, Bookabach, Bachcare, etc, where the mixed-use asset rules may apply and GST rules have changed.
Property transactions involve large sums so it is important to get it right; ensuring compliance with the evolving rules is essential for property owners and investors.
Get in touch with us to see how we can help.
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