With tax time just around the corner you should be putting together the figures of everything you are eligible to claim as a tax deduction, which are any expenses incurred whilst owning and maintaining each property. Although any rental profit you make will be subject to tax, by claiming the available tax deductions you can reduce your rental profit and ultimately reduce your taxable income to make the most out of your investment. There may be some you are unaware of: Advertising for tenants If your property is available for rent the cost of advertising for tenants is tax deductible. These …