Property Depreciation Schedules - The New reality

Australian expats lose capital gains tax exemptions

THE FEDERAL Government has made a very significant change to capital gains tax (CGT) affecting ex pats, but it’s likely there are many Australians living overseas who are still completely in the dark about it. Put simply, the change entails the CGT exemption for the Australian family home, which has been in existence for 35 […]

In this QS Corner – I’ll reveal my first property deal…

I was about 25 years old (a long time ago!) when I did my first property deal. I was the quantity surveyor on a project converting the Balmain RSL in Sydney into residential apartments. I approached the developer and told him I was interested in buying an apartment. I did not have a lot of […]

From then to now: How has the property market changed?

WHAT A rollercoaster the past year has been for property! We saw a lacklustre start to 2019 largely due to apprehension around last year’s Federal Election and particularly proposed housing-related tax policies from the ALP. Activity was also subdued due to the fallout from the Banking Royal Commission and tightened lending restrictions imposed by the […]

In this month’s QS corner – it’s time to stop and reflect…

Thinking back, I now realise I was motivated to succeed from an early age. I saw my father work hard all his life to support 5 kids and then lose all his superannuation in the late 1980’s when he invested it all in a company called Estate Mortgage.
They proclaimed to be “safe as a bank”, but in reality were just lending to developers and offering a slightly higher interest rate on deposits.

Protected: Case Base

There is no excerpt because this is a protected post.

In this month’s QS Corner – To repair or not to repair?

Classifying repairs and improvements can be tricky enough at the best of times, but what happens when a repair and improvement occur together? Let’s look at the following example. A rental property’s 25-year-old fence has been slightly damaged during a thunderstorm. A carpenter assesses the damage and advises that repair work will cost $7,000. However, […]

5 Things Santa Can Help You Claim!!

I wanted to spread some Christmas Cheer and mention the 5 little-known things you CAN claim on if you’ve purchased a property built after 1987. This season is about giving and I hope the below gives you some further insight on how to maximise your Tax Depreciation deductions. 1. A Capital Idea Many investors do […]

AIRBNB

By now you have probably heard that the Australian Taxation Office (ATO) is putting Airbnb owners ‘on notice.’ Airbnb has emailed owners warning them that their details have been shared with the ATO. I suspect that there might be a few ‘Nervous Nellies’ out there – those who haven’t declared the income they have been […]

Is now the time? Q&A with Terry Ryder

It’s no secret that there are different strategies when it comes to investing in property. Some people prefer to invest in brand-new properties, while others opt for older property that they can renovate and resell for profit. Whilst depreciation should never be the reason behind

Investing in a brand new property versus second-hand property: The Tax Depreciation perspective

It’s no secret that there are different strategies when it comes to investing in property. Some people prefer to invest in brand-new properties, while others opt for older property that they can renovate and resell for profit. Whilst depreciation should never be the reason behind