For Townsville property investors
Your generalist tax agent is leaving money on the table every year you own property.
Property tax is a specialty. Depreciation schedules, division 43 capital works, interest deductibility, CGT events, holding structures — most generalist accountants get the basics right and miss the strategy. A property-savvy accountant pays for themselves many times over.
What's covered
Property-specific tax work that generalists miss.
Depreciation schedules
Coordinating with a quantity surveyor for division 40 (plant & equipment) and division 43 (capital works) deductions. Often missed entirely on older properties.
Negative gearing
Structuring debt so interest is fully deductible. Includes capitalising interest where appropriate and avoiding mixed-purpose loan traps.
CGT planning
Capital Gains Tax modelling before you sell, not after. 6-year main residence rule, partial exemptions, and timing strategies.
Holding structures
Personal name, joint, family trust, unit trust, SMSF — picking the right ownership structure for your situation and goals.
Land tax
Queensland land tax thresholds, trust surcharges, and absentee owner implications. Manageable with planning, painful without it.
Multi-property portfolios
Tracking entities, loans, and cashflow across multiple properties. Bookkeeping that makes annual returns straightforward.
Why specialty matters
A property-savvy accountant pays for themselves in year one.
$5–15k
Typical annual depreciation claim missed
When a depreciation schedule isn't ordered for an investment property. Especially common on older homes assumed to have "no depreciation left".
$10k+
CGT savings from timing a sale
Holding for over 12 months, using the 50% discount, splitting between owners — all legitimate planning if you have advice in advance.
3 hrs
Less of your time per year
When your accountant has a system for tracking property income, expenses, and depreciation. You just upload statements once a year.
Local insight
Townsville property has its own rules.
Townsville's rental market behaves differently to Brisbane or the Gold Coast — Defence and resources cycles, FIFO tenancies, cyclone insurance considerations, and a high turnover of military relocations. A Townsville-based property accountant gets all of this without needing it explained.
- Defence Housing Australia (DHA) lease arrangements
- Mining services boom-bust impact on tenant quality
- Cyclone Category C/D insurance and deduction nuances
- Strong yields, modest growth — different strategy than southern markets
- Local QS firms used for depreciation schedules
Worth knowing
"A quantity surveyor's depreciation report costs ~$700 and typically unlocks $3,000–$10,000+ per year in deductions. A property-savvy accountant will tell you when this is worth it — most generalists never mention it."
Stop using a generalist for specialist work.
Take the 90-second quiz. We'll connect you with a Townsville property accountant who'll show you what you've been missing.