Welcome to the first Advisory Report Podcast In this episode of Geoff’s Advisory Podcast, we look at rental properties and the ATO’s “traffic light” approach to tax claims — what’s green, what’s amber, and what is likely to flash red. Rental property tax can look simple, but the ATO is paying close attention to common mistakes: over-claiming interest, claiming private or capital costs as repairs, forgetting to apportion expenses, claiming travel incorrectly, and not keeping proper records. The ATO’s rental property guidance makes it clear that expenses must be connected to earning rental income, and that some claims must be [...] READ MORE