Property in Lockdown? - Must Read Inspection Options

Tips & Tricks of the Depreciation Trade

9 Ways to Cut Tax Bills Through Depreciation Firstly, what is property depreciation? Well, just like you claim the wear and tear of your car against your taxable income or the wear and tear of the desk in your office, you can claim the wear and tear of your property against your taxable income. But […]

Claim Depreciation on your Overseas Property

Fancy a villa in Tuscany? What about a condo in LA or a loft apartment in New York? Yes, please! But the question everyone wants answered; can I claim depreciation on this property… The simple answer is yes! Difference between overseas and Australian property depreciation The main difference between an overseas property and one in […]

When’s The Right Time To Buy Property?

A lot of people buy property when interest rates go right down. For example, two years ago there were a lot of people buying property because interest rates were extremely low. And of course, it makes logical sense. Everyone goes out and buys when this happens, which generates a higher demand in the market. But […]

Calculate It! The Property Depreciation Calculator

Whenever I give a seminar about Property Depreciation, I always have a Question & Answer session at the end In the seminar, I discuss how I created the Property Depreciation Calculator and spoke about how it helps property investors make informed decisions about the type of rental property they want to buy. Then this guy […]

6 Reasons to Love Property

There are a myriad of reasons as to why I have been drawn to property Below are the six main reasons: Reason # 1 – You can add value One of the principal advantages of investing in property is that you can buy a rundown old property and increase the value of your investment by […]

Taking A Peek At The Prestige Top End

For many of us, living in a grand harbourside mansion with all the bells and whistles is a pipe dream. It’s a fairy tale world for the rich and famous. But it seems there are many wealthy buyers out there for luxurious properties. Consequently, Australia’s prestige property market is reportedly performing well. Recent sales back […]

Back-to-basics on Property Depreciation

How does investment property depreciation work? What is depreciation? Let’s start right at the beginning. Depreciation is basically a tax deduction available to property investors. Your investment property earns an income (in the form of rent from your tenants). So, as with any activity that produces an income, there are various tax deductions available to […]

Can I DIY my own Depreciation Report?

As an expert in the market I am baffled by the number of companies that offer do-it-yourself depreciation schedules. Not only are there some potential legal issues but, more importantly, you will be missing out on deductions. The Issue with DIY Depreciation The DIY depreciation option generally gives you a tick sheet and asks you […]

Beat the End of Financial Year Rush

Simple Tricks For Beating The End of Financial Year Rush Every one exchanges and settles a property on different days throughout the year. However, the end of the financial year only occurs once. As does the end of year rush! Your report should calculate exactly how much money you can claim for building allowance depreciation, […]

Should Investors Steer Clear of Units?

Unless you’ve been living under a rock, it’s inevitable that you’ve heard, read or watched a doom and gloom story about the unit market in the news recently. According to the headlines there’s an oversupply, prices will crash due to the glut of new apartments coming onto the market and buyers won’t be able to […]