In plain English, Property & Taxation explains just what your tax obligations are. Inside you'll learn:

• how property speculators and property investors are taxed
• which expenses are tax deductible
• how to calculate a capital gain and capital loss
• about the tax issues associated with owning your main residence and overseas property investments
• how negative gearing works
• about owning property in different legal structures.

Packed with tax tips, tax traps to avoid and practical case studies, this comprehensive guide will give you the know-how to legally reduce your tax liability — and build your wealth.