Ostroff, Fair and Company
*Ostroff, Fair and Company>>>Australia Taxes

Do I have to pay land tax in NSW?



I live in NSW Sydney in my house but have half rented out, do I have to pay land tax?

You need to declare the money you are earning as income when you do your income tax lodgement.

You may also be subject to capital gains tax should you ever sell the property.

You should speak to an accountant for some advice on tax minimising strategies.
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