Meta description: From deductions to depreciation, here’s what every landlord should be thinking about as the financial year wraps up.

As EOFY approaches, make sure your property investment is working as hard as it should be.

The end of the financial year isn’t just about balancing books—it’s also the perfect time to assess how your property is performing, where you could improve your cash flow, and what opportunities you might be overlooking.

Here’s a smart, practical checklist to help you wrap up the year on a strong note:

✅ 1. Claim All Eligible Expenses

Many landlords miss out on deductions simply because they’re not aware of everything they can claim. Make sure you’re including:

• Property management fees
• Repairs and maintenance
• Council and water rates
• Insurance premiums
• Interest on your investment loan
• Travel expenses (where eligible)
• Advertising for tenants

If you’re unsure what applies to you, speak with your accountant.

✅ 2. Review Your Insurance

EOFY is a great reminder to review your landlord insurance. Are you adequately covered for tenant damage, loss of rent, and legal liability?

Check that your policy reflects the current value of your property and the risks that come with leasing in today’s market. It’s always better to be proactive than caught short.

✅ 3. Maximise Depreciation

If your property is newly built, recently renovated, or includes updated fixtures and fittings, you may be eligible to claim depreciation—potentially saving thousands each year.

Not sure where to start? We work with a number of excellent depreciation specialists and would be happy to connect you. Just reach out and we’ll point you in the right direction.

✅ 4. Organise Your Records

Having your paperwork in order now will make tax time much smoother. This includes:

• Rental income summaries
• Expense receipts
• Invoices for any capital works
• Insurance policy documents

We send monthly statements to all our landlords, and your EOFY statement will be sent at the start of July. If you need help compiling anything additional for your accountant, just let us know—we’re here to assist.

✅ 5. Plan Ahead

EOFY is also a natural time to reflect on your investment goals.

• Are there improvements you’ve been putting off?
• Is it time to refinance?
• Are you considering growing your portfolio or consolidating?

If you’re curious about your property’s current market value—or thinking about your next move—this is the perfect time to request a sales appraisal.

A little EOFY housekeeping can go a long way in protecting your investment, improving your returns, and setting you up for success in the new financial year.

Need help with any of the above?
We’re just an email or phone call away.