Are you maximising Tax Depreciation?
As a building gets older and items wear out, they depreciate in value. The Australian Taxation Office (ATO) allows property investors to claim a deduction relating to this wear and tear on the Building, plant and equipment items it contains.
Get your Finances in order
A recent article in the Newcastle Star talked about how Spring is the perfect time to revisit your home loan and maybe give it a “spring clean” and act on the current low rates.
Property Values Update
According to a recent release from RP Data, Housing values eased their way into Spring, with the RP Data CoreLogic Home Value Index posting a only a 0.1% capital gain across the combined capital cities over the month of September. According to RP Data his means that the consumers are getting more sensible when purchasing properties.
You Need To Hold Property Longer Today
Data published recently confirmed people who hold Property for too short a time actually lose money, but in today what is too short a time and how has this changed?
Not being Investment Ready may cost
Have you ever heard someone say “I wish I’d never bought that Investment Property” because it’s costing me money not making me money!”