Can the income from a rental property be tax free after the age of
60?
Q.
In an answer I read (SMH 5th August - first question) it was
implied that income from a rental property would be tax free after
the age of 60. Can you please clarify the position?
A.
That question was referring to withdrawals from superannuation
after a person reaches 60. Property rental is always assessable but
can be reduced if the person has deductions they can claim.