What can I claim on a rental property?

You may be able to claim expenses such as loan interest, maintenance, property management fees, insurance and depreciation. What you can claim depends on your individual circumstances and how the property is used.

Do I need to pay tax on rental income?

Yes. Rental income is generally assessable for tax purposes, but you can deduct allowable expenses to determine your net taxable position.

Should I own my investment property in my own name or a structure?

This depends on your goals, tax position and long-term plans. Getting advice early can help ensure the ownership structure is appropriate and supports your overall financial strategy.

What is Capital Gains Tax on property?

Capital Gains Tax may apply when you sell an investment property, based on the profit made on the sale. Planning ahead can help manage the tax outcome and avoid unexpected liabilities.

Rental Property Accounting

Practical tax advice to help you manage your property investment with clarity and confidence.

Speak with an advisor

Rental Property Accounting in Portland & South West Victoria

Investing in residential or commercial property can be a valuable long-term strategy, but it also brings taxation, structuring and cashflow considerations.

At Walsh Accounting, we support property owners across Portland, the Glenelg Shire and South West Victoria with clear, practical advice to help you manage your investment and plan for the future with confidence.

Advice before you purchase

Making informed decisions at the outset can significantly influence the long-term success of your investment.

We provide guidance on:

Financial feasibility and cashflow projections
Ownership structure (individual, company or trust)
Borrowing and funding considerations
Tax implications of property purchases
Capital Gains Tax planning

Ongoing tax and compliance support

Owning an investment property comes with ongoing reporting obligations.

We assist with:

Rental income reporting
Expense deductions
Depreciation considerations
Capital Gains Tax advice
Business Activity Statements (for commercial properties where applicable)

Ownership and lease structures

Structuring and documentation play an important role in managing both risk and tax outcomes.

We provide:

Reviews of lease arrangements (financial implications)
Advice on joint ownership structures
Trust and company structuring guidance
Periodic reviews of property performance

Forecasting and long-term planning

Property investment is not just about current rental income. It is about long-term performance.

We assist with:

Expected revenue returns
Cashflow projections
Long-term financial position
Capital growth considerations
Exit strategy planning

Supporting property investors in South West Victoria

Whether you own a single residential investment property or manage a broader portfolio, we provide steady, practical support tailored to your situation.

If you're based in Portland, the Glenelg Shire or across South West Victoria and want clear, reliable property advice, we’re here to help.

Frequently Asked Questions

You may be able to claim expenses such as loan interest, maintenance, property management fees, insurance and depreciation. What you can claim depends on your individual circumstances and how the property is used.
Yes. Rental income is generally assessable for tax purposes, but you can deduct allowable expenses to determine your net taxable position.
This depends on your goals, tax position and long-term plans. Getting advice early can help ensure the ownership structure is appropriate and supports your overall financial strategy.
Capital Gains Tax may apply when you sell an investment property, based on the profit made on the sale. Planning ahead can help manage the tax outcome and avoid unexpected liabilities.