Property Tax Returns Made Simple
Own an investment property? Lodge your tax return online for $229, with your rental income and expenses checked and reviewed by a certified tax agent.
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Only $229
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Agent reviewed
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Direct ATO pre fill
We pull available personal income and ATO details in automatically alongside your rental figures
Getting Started
Do You Need to Lodge a Property Tax Return?
If you own an investment property, your rental income and related expenses need to be included in your tax return each year, whether the property is positively or negatively geared.
Your Rental Property
Rental Income and Deductions
Whether you have one investment property or several, your rental income needs to be included in your tax return, and you may have running costs along the way that could be deductible.
Rental Income
Rent received from your investment property.
Loan Interest
Interest charged on your investment property loan.
Agent & Management Fees
Property management and letting fees.
Depreciation
Decline in value of the building and fittings.
Repairs & Maintenance
Eligible repairs and upkeep on the property.
Not sure what you can claim? We make it easier to identify deductions you may be entitled to.
Selling Up
What About Selling Your Property?
Capital Gains on Sale
If you sell your investment property, any capital gain or loss needs to be reported. Holding the property for more than 12 months may entitle you to a discount on the gain.
Main Residence Exemption
If the property was your main residence for part of the time you owned it, you may be entitled to a partial exemption from capital gains tax. We help you work out what applies.
Cover Everything
Also a Sole Trader or Investor?
No extra fee. If more than one of these applies to you, it is all covered under the same $229.
Run a Business Too? (linked card)
See how Tax Falcon handles business income and deductions on our Sole Trader Tax Return page.
Have Shares or Managed Funds? (linked card)
See how Tax Falcon handles dividends, distributions and capital gains on our Investor Tax Return page.
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How It Works
Your Property Tax Return in 3 Simple Steps
Step 01 — Get Started Online
Create your Tax Falcon account and start your tax return from your phone, tablet or computer.
Step 02 — Tell Us About Your Property
Answer a few simple questions about your rental income, loan and expenses for the year.
Step 03 — Review and Lodge
Your return is reviewed by a certified tax agent before it's lodged with the ATO.
Transparent Pricing
How Much Does It Cost?
One flat fee, no surprises. Here's exactly what you're paying for.
$229 (all-inclusive)
One Flat Fee
Simple or complicated, it's still $229, with no per-property add-ons.
Deducted From Your Refund
Where eligible, our fee comes out once your refund lands, so there's nothing to pay upfront.
Tax Deductible
The cost of managing your tax affairs can generally be claimed the following year.
No Hidden Extras
Deduction checks, ATO pre-fill and agent review are all included in the $229.
Your Tax Summary (illustrative example)
PAYG income (if any)
ATO pre-fill
Rental income
$26,000
Rental expenses
$31,400
Estimated refund
$1,610
Button: Sign & Lodge Return
Illustrative example, your fee comes out of the refund shown above, not on top of it.
This is an example only. Your actual refund or tax payable depends on your income, deductions and personal circumstances.
Why Tax Falcon
Why Choose Tax Falcon?
Only $229
One transparent, flat fee for a property tax return.
Direct ATO Pre Fill
We connect with the ATO to pull your available personal information in automatically.
Certified Tax Agent Review
Every tax return is checked by a certified tax agent before it's lodged.
Easy Online Process
Complete your tax return anywhere, anytime, from your phone, tablet or computer.
Help With Eligible Deductions
We help you identify the deductions that may apply to your situation.
Maximum Refund Guarantee
We help you claim every eligible deduction so you never miss a dollar.
Before You Start
What Do I Need to Get Started?
Getting your property tax return sorted is easier than you might think. Here's everything worth having on hand before you begin.
Tax File Number
Used to identify your tax record.
Bank Details
For any refund to be paid.
Rental Income Statements
Yearly summary from your property manager.
Loan Interest Statements
From your bank or lender for the year.
Depreciation Schedule
If you have one prepared for the property.
Repair & Maintenance Receipts
Proof of any work done on the property.
Questions
Property Tax Return FAQs
How much does a property tax return cost?
A Tax Falcon Property Tax Return costs $229, with no extra charges for deduction checks, ATO pre-fill or agent review.
What is negative gearing?
A property is negatively geared when your rental expenses, including loan interest, are more than your rental income. The resulting loss can generally be offset against your other income.
What is a depreciation schedule?
A depreciation schedule sets out the decline in value of the building and fittings over time, prepared by a quantity surveyor. It can be a valuable deduction if you have one for your property.
What rental expenses can I claim?
You may be able to claim loan interest, agent and management fees, council rates, insurance, repairs and depreciation. Specific ATO rules apply to each.
What happens if I sell the property?
Selling an investment property generally triggers a capital gains tax event. If you owned it for more than 12 months, you may be entitled to a discount on the gain.
What if I also run a business or have investments?
No problem. Our $229 fee covers every applicable schedule, whatever combination of property, business and investment income applies to you.
What records do I need to keep?
The ATO generally requires rental income and expense records to be kept for five years, and property purchase records for as long as you own the property plus five years after selling.
When is the tax return deadline in Australia?
The Australian financial year runs from 1 July to 30 June. If you lodge your own tax return, the usual deadline is 31 October.
Ready to Get Your Property Tax Return Sorted?
One property or several, positively or negatively geared, Tax Falcon brings it together in one detailed tax return. For just $229, it's easy to complete online, check your eligible deductions and have it reviewed by a certified tax agent.
Only $229 for a property tax return.