Are you getting the maximum tax deductions for your investment property? There are many expenses you may be able to claim, like interest payments on your mortgage, costs for repairs and maintenance, improvements to the property, water and council rates. Property investors often fail to take advantage of all the deductions they're entitled to, resulting in lower cash flow and a smaller tax refund. Make the most of your investment—determine what tax deductions apply to your property and claim them
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10 most common tax deductions that are claimed on an investment property. Disclaimer: This video is for informational purposes only and should not be taken as financial advice. Please consult a qualified financial advisor for guidance tailored to your specific circumstances. #mortgage #realestate #wealthbymichael #property #savings | Wealth By Michael
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