Tax deductions every landlord should know and how software helps)

Submitting tax returns is part and parcel of being a landlord and, unfortunately, there’s no way of avoiding it. Even if you have an accountant, you’re still responsible for tracking expenses and submitting evidence.

You can reduce the tax you pay by claiming all allowable expenses. These can be complex to track, but there are ways to make managing your tax return as a landlord easier, from utilising technology (like property management software) to understanding the rules carefully.

In this article, we explain the tax deductions every landlord should know (and the key things to know about them), and explain how proptech can ensure compliance and help minimise the tax you pay.

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