About Me

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27 years in the Real Estate industry I just love what I do. Vivian's Real Estate has been the biggest challenge for me and my son Trent and I am so happy to say that Trent is an excellent agent that has honest and integrity like myself which always wins in the end. We are very fortunate to be working with fantastic people and meeting different people every day, helping people is our goal and giving them an excellent experience.

Monday, 5 January 2026

TAX THAT DIRTY WORD

To be able to claim a deduction for work-related expenses if you a real estate professional
  • you must have spent the money yourself and were not reimbursed
  • it must be directly related to earning your income
  • you must have a record to prove it
You can only claim the work-related part of the expenses.

Gifts
  • You can claim a deduction for the cost of gifts - eg alcohol, flowers - bought for work purposes if you are a salesperson or property manager entitled to receive your income from commission or both commission and retainer.
  • You can't claim a deduction if you earn a fixed income and you are not entitled to earn a commission.
  • You can't claim a deduction for gifts that are in the form of entertainment - eg a live sporting event.
Other common deductible work-related expenses
  •  marketing equipment - eg the work-related portion of cameras used for property photos
  • decorating properties - eg flowers
  • renewing your annual certificate of registration
  • union and professional association fees
  • technical or professional publications
Home Office Expenses
  • You can claim a percentage of the running costs of your home office if you have to work from home, including depreciation of office equipment, work-related phone calls and internet access charges, electricity for heating or cooling as well as the lighting costs.
  • If you are required to purchase equipment for your work and it costs more than $300 you can claim a deduction for these costs spread of a number of years (depreciation)
  • You generally cannot claim the cost of rats, mortgage interest, rent and insurance.
Travel Expenses

  • You can claim a deduction for travel expenses if you have to travel overnight from your usual work location - eg travelling to a remote area to inspect a property - provided the cost was incurred while carrying out your work duties. Travel expenses may include meals and accommodation, fares, petrol and incidentals such as parking fees and tolls.
  • Receiving a travel allowance from your employer does not automatically entitle you to a deduction. You still need to show that you were away overnight, you spent the money yourself and the travel was directly related to earning your income eg it was not a personal expense.
Car Expenses

  • You can claim a deduction when you drive between separate jobs on the same day - eg travelling from your real estate agency to your second job as a waiter 
  • Drive to and from an alternate workplace for the same employer on the same day - eg travelling between two different residential open homes
  • If you claim car expenses, you will need to keep a logbook to determine the work-related percentage or be able to demonstrate to the ATO a reasonable calculation if you use the cents per kilometer method to claim.

MAKE YOUR OWN DECISIONS & GIVE IT A REAL GO!!

        SELLING MOSMAN PARK & THE WESTERN SUBURBS!! 

KEEPING IT REAL IS OUR MOTTO!! 


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