A budget night version of EZ-Rent has just been created so you can instantly see the effect of the new income tax regime. Its only here for a limited time, so grab it from the bottom of this page now!
EZ-Rent contains some features only found in expensive commercial property simulation applications.
Its main advantage is that it allows you to simulate more than one property
over time. So for example, you may have bought a property in mid 2003 and you want to simulate your tax and cashflow
of buying a new property in 2007.
As well as this, EZ-Rent supports partial year purchases. In other words, if you bought a property in the middle of the
financial year, it will accurately track your cashflows and tax benefits for that portion of the year.
EZ-Rent handles your depreciation as well. You can add an unlimited number of depreciable items to a property,
set the effective life and then choose your depreciation method of prime cost versus diminishing value.
As well as that great feature, Ez-Rent also allows you to simulate buying
additional depreciable items mid year or at a later date. So for example, if you want to allow for replacing old carpets
at some point in the future, EZ-Rent makes it easy.
If that wasn't enough, EZ-Rent allows for an unlimited number of property investors. So if you are the part owner of
a property, or you are part of a property syndicate, you can still accurately project your costs and expected cashflow and tax benefit.
Income tax rates change every couple of years. In recent times, the income tax threshold for the maximum tax rate (47c in the dollow)
has risen from $50000 to $95000 for the 2005/2006 financial year. EZ-Rent keeps up to date with government taxes and charges as they change,
but to account for future changes, EZ-Rent contains a bracket
creep option, which helps you account for changes to income tax rates over time. This allows you to simulate the income tax thresholds
going up over time, which may offer a more realistic future result.
There are lots of features too. All your simulations can be saved into profiles and tax/cashflow reports can easily be printed.
EZ-Rent is free for personal use. For any commercial enquiries, please fill out the Contact Form or email info@ez-rent.com