As the holiday season approaches, many homeowners may consider renting out their homes or a part of them to earn extra income, particularly in areas with high tourist traffic. Platforms like Airbnb or Stayz make it easy to list your property or part of your property and connect with travellers. However, before you enter the
The Australian Taxation Office (ATO) recently updated its property valuation criteria, bringing significant changes to how property valuations are conducted and reported for Self Managed Superannuation Fund (SMSF)s. These changes are crucial for SMSF Members and Trustees to understand. Overview of the changes The ATO’s updated property valuation criteria aim to provide clearer guidelines and
