Choosing the right accountant is crucial when managing your property investments. A capable property accountant in Perth helps you follow tax laws, maximize your deductions, and plan for the future.

Not all accountants have the same skills for property. You need to ask specific questions before hiring someone. This post lists key questions to ask — and why they're important — to help you pick the best property accountant for your needs.

1. Are You a Property Accounting Specialist?

Property investment has its own tax rules, like depreciation negative gearing, capital gains tax (CGT), and various ownership structures. Your accountant should know these areas well.

Why it's important:

An accountant who knows property will understand the newest laws and tactics to help you pay less tax and grow your investments.

2. Have You Worked with Clients Like Me?

Ask about their work with investors similar to you — whether you're buying your first property, own several rentals, or invest through an SMSF.

Why it matters:

Every property investor’s situation is different. Someone experienced with clients like you will be better equipped to offer tailored advice and solutions.

3. How Will You Help Me Maximise My Tax Deductions?

A good property tax accountant should be proactive, helping you plan ahead instead of just lodging your tax return. Ask how they can help with things like depreciation schedules, interest deductions, and property-related expenses.

Why it matters:

Missing out on deductions can cost you thousands each year. A property accountant who understands what’s claimable ensures you don’t leave money on the table.

4. Can You Assist with Capital Gains Tax Planning?

If you plan to sell a property in the future, CGT could have a big impact. A skilled accountant can advise you on how to legally reduce CGT through timing, exemptions, or structuring.

Why it matters:

Planning CGT ahead of time, rather than after the sale, gives you more flexibility and potential savings.

5. Do You Offer Advice on Property Ownership Structures?

Choosing whether to buy property in your name, through a trust, company, or SMSF can have significant tax and legal consequences. Ask if the accountant provides guidance on structuring.

Why it matters:

The wrong ownership structure could increase your tax or limit your borrowing capacity. It’s best to get advice before you purchase a property.

6. How Much Do You Charge and What's Covered?

Ask about the accountant's pricing model — do they use a flat rate bill by the hour, or charge based on the services they provide? Find out what's included and if you'll get support throughout the year.

Why it matters:

Transparent pricing helps you budget and steer clear of surprise fees. It's also useful to know if you can get help when it's not tax time.

7. Can You Give Me Property-Specific Reports or Insights?

Some accountants offer extra reports or tools such as property performance reviews, portfolio health checks, or forecast tools to help you make smart choices.

Why it matters:

These extra services can help you see the big picture and keep an eye on your investment goals.

8. Do You Know Perth's Local Property Market Well?

While tax laws apply nationwide, property markets differ by location. Ask if the accountant knows the WA market, including rent trends, typical expenses, and taxes specific to the state.

Why it matters:

An accountant who knows Perth's market can give you advice that fits your property's location better.

9. How Do You Stay Updated with Tax Law Changes?

The Australian tax landscape changes often, especially around property. Ask how the accountant stays up-to-date — through continuing education, professional memberships, or ATO alerts.

Why it matters:

You want someone who is proactive about learning and adapting, not reactive after changes occur.

10. Can You Work with My Other Advisers?

If you have a mortgage broker, real estate agent, or financial planner, it’s useful if your accountant is open to collaborating with them.

Why it matters:

A team approach ensures all aspects of your investment — tax, finance, and planning — are aligned and efficient.

Final Thoughts

Choosing a property accountant in Perth isn’t just about ticking boxes during tax time. It’s about forming a relationship with someone who understands your financial goals, communicates clearly, and helps you grow your property portfolio strategically.

By asking the questions above, you can confidently select an accountant who’s not only experienced and trustworthy but also adds real value to your investment journey.

Take your time, ask for a consultation, and don’t be afraid to compare a few options before making your choice. The right accountant can make a big difference — both in your tax return and your long-term success.