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Tax cheat landlords, 'CSI Strata' spies, and recording meetings
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The tax office is coming after double-dipping landlords who claim all sorts of things they shouldn't, or just claim for stuff the wrong way.
And what about levies? It turns out some are tax deductible and others aren't. But which?
By the way, in the podcast we say 86 percent of owners who use tax agents get their returns wrong, in fact the ATO says the majority of investors make mistakes in their tax returns despite 86 percent of them using tax agents. Oops! Big difference.
Moving on, we also look at how the NSW state government is pumping millions into the Building Commission - turning it into an effective CSI-Strata as they track down dodgy developers before they can do too much harm.
Turns out it's a case of "round up the usual suspects" as they said in Casablanca (the movie, not the city).
And finally, we look at if or when you can record strata committee meetings, and whether or not you should.
That's all in this week's Flat Chat Wrap.
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Recorded by Jimmy Thomson & Sue Williams; Transcribed by Otter.ai.
Find out more about Sue Williams and Jimmy Thomson on their websites.
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