Who has pets in your rental properties? You need to be aware the tenancy laws are looking to be changed in the next month or so. What’s changing? The introduction of a pet bond, making tenants responsible for damage and requiring a landlord’s consent for a pet. This should open the door for more landlords to take on tenants with pets, but it may cost them to do so.

What type of property improvement costs can be claimed 100% as repairs and maintenance? This is a common scenario we often come across with clients. I was recently talking to a client about the $50k of improvements they spent on their rental property. That’s a lot of money and of course the client would like to claim it all as an expense. IR however have specific guidelines that need to considered in conjunction with an in-depth review of the individual client’s circumstances.

Multi-offers. Who likes these? Not me after missing out on two property purchases in the last two months. Unfortunately, they are unavoidable in most circumstances unless you’re buying through the private sale process. What’s the secret and what have I learned when navigating these? The money is normally the determining factor but second is a clean offer (i.e. the less conditions the better). It feels like a lottery and can do your head in!