As the end of financial year (EOFY) approaches, Australian landlords have a valuable opportunity to get financially organised and maximise their investment property returns. Whether you self-manage or work with a property manager, this EOFY checklist for landlords will help ensure you’re fully prepared before 30 June.
Why EOFY preparation matters for landlords
EOFY is more than just paperwork. It’s a chance to:
- Maximise your investment property tax deductions
- Review property performance and rental income
- Ensure you’re fully compliant with ATO reporting requirements
Getting organised now can help reduce stress during tax season, avoid missed claims, and set you up for a strong new financial year.
Landlord EOFY Checklist – What to do before 30 June
Here’s your essential checklist to prepare for EOFY as a property investor or landlord in Australia:
- Request your annual rental statement from your property manager
- Download and store invoices for maintenance, insurance and repairs
- Pay any outstanding expenses before 30 June to include them in this year’s return
- Confirm rent received vs. expected and note any vacancy periods
- Update your landlord insurance policy and check expiry dates
- Check if you need a depreciation schedule or update an existing one
- Book a meeting with your accountant or tax advisor for EOFY planning
Pro tip: Digital records make tax time easier. Save all your receipts and statements in cloud storage or email folders.
Tax deductions you might be missing
According to the ATO, landlords in Australia can claim a wide range of expenses related to their investment property. To avoid missing out on eligible deductions, review the following:
- Repairs and general maintenance
- Property management fees
- Landlord insurance premiums
- Legal and accounting fees
- Pest control, gardening, and cleaning
- Interest on your investment loan
- Depreciation on the building and fixtures (with a valid schedule)
To learn more, visit the ATO’s rental property deductions guide.
Get help from Adelaide’s trusted Property Managers
If you’re feeling overwhelmed by EOFY paperwork or unsure where to start, our expert property management team in Adelaide can help.
We provide:
- Rental income and expense reports
- Maintenance history and compliance records
- Proactive EOFY support for landlords
📞 Call (08) 8267 4995 or contact us online to get tax-time ready with confidence.
Disclaimer: All information provided has been obtained from sources deemed reliable; however, we cannot guarantee the accuracy of the information and accept no liability for any errors or oversights. Interested parties should conduct their own enquiries and seek independent legal advice.