Managing boarding houses is a specialised field, we would say just slightly more complex than long term residential tenancies. It entails understanding the Boarding Houses Act 2012 (NSW) as well as helping our clients manage the boarding houses in a way that enables them to receive a land tax exemption under Land Tax Management Act 1956. Registered boarding houses may be exempt from land tax if they are able to meet the requirements set out by Revenues NSW. It also entails managing the daily operation of the boarding house from cleaning, to maintenance as well as procuring a mixture of long and short term boarders. Please contact our office to discuss this type of asset management.