Minimise your tax liability – 5 tips for landlords
Owning a rental property exposes you to a complex world of taxation! Recent years have seen unfavourable changes for landlords, such as elimination of mortgage interest deduction, the introduction of additional purchase taxes for investment properties and the reduction of capital gains tax for all asset classes except property. To maximise profitability, landlords must minimise tax liability. NRLA partner Leaders Romans outline five strategies to achieve that goal.
