Property in Lockdown? - Must Read Inspection Options

Will property boom in 2021?

AS WE reach the end of the year it seems Australia’s property market has been heating up, with greater sentiment, activity and price growth. The latest CoreLogic figures show the market continued its recovery in November, with prices rising for the second month in a row. Dwelling values rose by 0.8% over November and 0.4% […]

Stimulus Package nothing to sneeze at

The Morrison Government has today announced a $17.6 billion economic plan to keep Australians in jobs, and to keep businesses in business in light of the Coronavirus pandemic. The Government has outlined an increase of $700M to the instant asset write off threshold from $30,000 to $150,000, and has also expanded eligibility to businesses with […]

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 […]

What is a Depreciation Schedule?

Property depreciation is a legal tax deduction related to the ‘wear and tear’ of an investment property over time. A tax depreciation schedule outlines the deductions you may be entitled to claim each year of ownership on the Building Allowance (the structure itself including bricks, concrete, etc.) and, if eligible, on the Plant and Equipment […]

Building Allowance Maximiser

 Let’s talk about bricks and mortar. Or what the Government calls the Building Allowance. Whilst you can no longer claim depreciation on plant and equipment in second-hand investment properties, that’s the things like ovens, dishwasher etc. You can still claim the structure of the building, that’s the bricks, concrete, windows, tiling, etc. provided the […]

Your Guide to Claiming Depreciation on Granny Flats

Many see granny flats as an easy property investment. For beginners, they offer the opportunity to start investing, without spending too much money. As with any investment property, you must remember to claim for the depreciation of your assets. Tons of people like the idea of buying an investment property. Australia offers plenty of opportunities, […]

The Ultimate Auction Guide to Getting Lower Prices

You Could Bag a Great Investment Property in Australia at Auction Trying to buy an investment property in Australia at an auction is something of a mixed bag. On one hand, you have the chance to snap up a bargain. A lot of sellers use auctions as their last resort. As a result, they may […]

The Impact of NSW Housing Affordability Measures

HOUSING affordability has been an issue for, well, what seems like forever, with Sydney a particular focus as prices have been skyrocketing. So what’s being done about it? Well, it was addressed in the Federal Budget, the Victorian State Government announced stamp duty concessions, and now it’s New South Wales’ turn, with the State Government […]

The Property Market Limbo: Depreciation Solution

The property market is currently in a state of limbo, particularly those involved in the selling of new property. Why? Because budget statement in relation to helping “reduce pressure on housing affordability” has potentially changed the game and announced dramatic changes to the way depreciation is claimed on property. Let’s start with the good news: […]

Another Day, Another Idea To Fix Housing Affordability

Using super to buy a home… Is this the dumbest idea ever? Recently I discussed the suggestion from various politicians including Barnaby Joyce that buyers trying to break into the market look to more affordable areas. The idea that currently has momentum, however, is allowing first home buyers to access their superannuation (super) early to […]