Rental expenses- Did you know? You can claim a deduction for certain expenses you incurred during the period your property is rented or available for rent! Types of rental expenses include There are three types of rental expenses available to investment owners; Cannot claim deductions Can claim immediate deductions in the income year you […]

All property investors must consider tax deductions. Australia has clear rules in place. The Australian Taxation Office (ATO) outlines the basics, but here’s what you really need to know. There’s one key question to ask yourself when you buy an investment property. What can I claim? It’s a simple question, but one that doesn’t have […]

Having a plan is one of the real estate investment basics. You have a choice between creating a rental property investment strategy and investing for growth. Here are the pros and cons of the latter. You have a few choices to make when investing in rental property. For beginners, the main one lies in deciding […]

In 2017, the Australian Government significantly changed how depreciation can be claimed on second-hand property. And if you ask me, the new legislation is sloppy, at best! You can no longer claim depreciation on “previously used” residential assets such as carpet, ovens, dishwashers, etc. You can learn more about the changes to the depreciation law […]

Calculating Depreciation on a House for Tax purposes Before getting scared off by the following explanation of calculating depreciation expenses, you need to know that tax depreciation quantity surveyors can prepare a custom depreciation schedule for you. All you’ll need to do is hand it over to your accountant at tax time. And that’s all […]

THE NUMBERS are in. There’s no denying it. It’s now a fact that not every property needs a depreciation schedule inspection for the maximum tax deductions to be claimed. The truth is that the majority don’t need a physical inspection, saving you time and money. We’ve been saying this for a long time, but you […]

With the recent announcement that Brisbane has won the right to host the 2032 Olympic and Paralympic Games, many property investors may wonder if they will find themselves on the winners’ podium if they buy in this city. Should you rush in and buy, with the idea of capitalising on future growth? The simple answer […]

When it comes to deciding what to do with your hard earned savings, the choice between investment opportunities can be difficult. There are a number of factors that might convince a potential investor to invest in one opportunity over another.  In particular, property as an investment is something that has been extremely profitable for a […]