Maximise Returns, Minimise Tax: Your EOFY Checklist for Property Investors

As EOFY approaches, smart property investors are already looking for ways to reduce their tax bill and boost returns. But the truth is — many miss out on thousands in deductions simply because they don’t know what to claim or how to prepare.

Whether you’re a first-time landlord or growing your portfolio, here are seven tax strategies to help you stay compliant and maximise your investment.

1. Start With Good Record Keeping

Your tax return is only as good as your records. Keep everything — contracts, loan documents, invoices, depreciation schedules, agent fees, and proof of tenant communications. Accurate records make it easier to claim deductions and calculate capital gains when you sell.

2. Claim All Eligible Deductions

Don’t leave money on the table. You may be able to claim:

  • Advertising for tenants
  • Loan interest
  • Property management fees
  • Repairs and maintenance
  • Insurance and council rates
  • Depreciation on fixtures and building (if eligible)

Just make sure the property is genuinely available for rent during the claim period.

3. Declare All Rental Income

Yes, even Airbnb, Stayz, subletting, and bond money kept from tenants. The ATO uses data matching, so it’s critical to report every dollar to avoid penalties or audits.

4. Understand PAYG Instalments

If you earn significant rental income, the ATO may require quarterly Pay As You Go (PAYG) instalments. Planning ahead helps avoid cash flow shocks and allows for smarter prepayments before June 30.

5. Know Your CGT Rules

If you’re selling a property, capital gains tax (CGT) applies. You may qualify for a 50% discount if you’ve owned the property for over 12 months. Keep receipts for legal costs, stamp duty, and improvements to reduce your CGT liability.

6. Get a Depreciation Schedule

A professional depreciation report can unlock thousands in annual deductions, especially for newer or renovated properties. This is one of the most underused tools among property investors.

7. Work With a Property Tax Specialist

Legislation changes regularly, and not all accountants understand property investment. A tax-smart advisor can help you structure your loans, forecast liabilities, and uncover missed deductions.

EOFY isn’t just about tax savings — it’s also the perfect time to explore new investment opportunities. With commercial property sentiment at an 8-year high, many investors are looking beyond residential portfolios.

👉 Learn how market confidence, low vacancy rates, and sector-specific growth are shaping the next wave of property investments: Read: Commercial Property

📞 Book a free consultation with the Finnex property tax team today and make sure you’re claiming everything you’re entitled to.