Property Depreciation Schedules - The New reality

Finally, Some Clarity

On Friday 14th July, the Treasury Office released a draft bill regarding how depreciation deductions on a second-hand property can be claimed moving forward. They also invited interested parties to make submissions. It’s complicated, to say the least, so I’ve tried to simplify this Bill and the key points. Here are my 9 Key Takeaways […]

Negative Gearing Solution | Washington Brown

(UPDATE: Some changes to negative gearing were made in the 2017 Budget – Read about the Budget changes here). Now I’m not one to whinge about  a system without a solution…I think the current Negative Gearing model needs some repairs for two reasons. Reason 1 – The system was not designed so that someone could buy […]

6 Reasons Why Negative Gearing Stinks

(UPDATE: – Read about the 2017 Budget changes to depreciation here). Dear Fellow Investors, I get it. I get what Bill Shorten and the Labor Party are trying to achieve by cutting negative gearing…but it stinks for 6 reasons. First, for those of you who might not know…Labor proposes to: Eliminate negative gearing to all […]