Property Depreciation Schedules - The New reality

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 […]

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 […]

Personalised Investment Strategies

Investment strategies Having invested in several properties myself, I always believe you need sound and smart strategies. And I’m not just talking about good capital growth and high rental yields. It’s also about improving your cash flow as an investor. Every property investor has his or her own strategy. Some investors prefer negatively geared properties, […]

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 […]

When do you need a Quantity Surveyor?

Unless your property is very unusual, there would generally be no reason to speak to a quantity surveyor before purchasing a property. While you’re hunting for potential investments, you can work out the estimated depreciation for a property by using Washington Brown’s free online depreciation calculator. Once you have committed to purchasing the property, it […]

Why do I need a Quantity Surveyor?

Yes, builders are good at building. However, that doesn’t necessarily make them good at maximising the depreciation allowances you, the developer or investor, are entitled to. That’s why if you have contracted a builder to construct your investment property, it definitely pays to have a quantity surveyor prepare a depreciation report for you. In my […]

Grow Your Investment Portfolio

Stuck on your first investment property? Here’s how to grow your investment portfolio:   A FEW months ago a news story was circulating about a former pizza deliveryman who reportedly semi-retired at the age of 28 after accumulating a 13-strong property portfolio, giving him sufficient rental income to fund his lifestyle. As with any news story, […]

Is Housing in Australia Affordable?

Ahhhhhhhh, housing affordability. That old chestnut. It’s a topic that’s been hotly debated a million times over! And will no doubt continue to be for many years to come. The general consensus is that property in Australia is unaffordable. The results of a recent survey seemed to confirm this, with the proportion of adults who […]

Striking Property Gold After The Olympics

Will you strike property gold after the Olympics by investing in the cities? WITH the Rio 2016 Olympic Games having recently come to a close, it’s the perfect time to talk about whether there are opportunities for property investors in the host cities of sporting events such as the Olympics and Commonwealth Games. On face […]

Where to Buy in Queensland

What property areas will shine in the Sunshine State this year? WHEN it comes to property the past few years have been all about Sydney and Melbourne. Now it might finally be Queensland’s time to shine! The state’s capital saw price growth last year of around 4%. This was moderate compared to the 11%-plus its southern […]