Property Advice
Get the Right Advice Before You Buy, Sell or Lodge
Owning property comes with plenty of moving parts, from rental deductions and loan structuring to capital gains and tax planning. At Avoda, we help you navigate the tax side of property so you can avoid costly mistakes and make informed decisions.
Whether it’s your first investment or you’re selling your family home, we’ll guide you through the details that matter – like when the capital gain is triggered, whether a main residence exemption applies or if the numbers you’ve been given are correct.
It’s Easy to Get Property Tax Wrong & Expensive When You Do
There’s a lot of confusion and misinformation when it comes to property and tax especially around things like what expenses are deductible, how capital gains are calculated or when you can claim the main residence exemption.
We often see clients who were told they could claim the full interest on their loan (when part of it was personal), didn’t realise selling their home might trigger CGT,or forgot to keep records of renovations that could’ve reduced their capital gain.
Many of these issues only come to light after the sale or during a review, often when it’s too late to fix. That’s why it’s so important to get proper advice before you buy, sell or lodge a return involving property. A short conversation upfront can save you thousands down the track and give you confidence that you’re doing things the right way.
What We Help With
Main Residence (PPR) Elections
If you’ve moved between properties or rented out your home, we help you determine if you’re eligible for the Principal Place of Residence exemption and guide you through making the right election.
Capital Gains Tax (CGT) Calculations
Selling a property? We calculate the capital gain (or loss), apply any available discounts and make sure everything is reported correctly in your tax return.
Rental Income & Deductions
We review your rental property income and expenses – including interest, depreciation, maintenance and more, to ensure you’re claiming the right things and staying within ATO guidelines.
Record Keeping & Documentation Support
We help you track and document key property related records – like purchase costs, renovations and loan interest, so your return is accurate and well supported, if ever audited.
Common Mistakes We Help You Avoid
Declaring the wrong capital gain (or forgetting one altogether)
Claiming the main residence exemption when you’re not eligible
Overstating deductions (especially interest and depreciation)
Not keeping proper records of purchase and improvement costs
Getting advice too late – when the damage is already done
Don’t Leave Property Tax to Guesswork
Whether you’re buying, selling, or just trying to make sense of how property fits into your tax return, the right advice can save you time, stress and money. The earlier you reach out, the more options we’ll have to help you get it right and avoid problems later.