Negative Gearing on Residential Properties RIP?

Is Negative Gearing Finished? Why are escalating property prices in Sydney and Melbourne being blamed on negative gearing. Negative gearing on residential property was introduced in 1985 to stimulate the economy (building Industry) and assist in alleviating the rental market. …Read More

Repairs or Maintenance, that is the question…?

You would have to live on Mars or at least own property there not to have read, heard or been informed about the Australian Taxation Office’s crackdown on investors claiming repairs and maintenance on additional expenditure incurred (spent) on their …Read More

Unit Developments in Brisbane

Many years ago Joh Bjelke-Petersen the then premier of Qld used to gauge the prosperity of the city on the amount of cranes visible on the skyline. Well if that’s the catalyst for a buoyant economy then Qld must be …Read More

Labor Looses Election Over Negative Gearing

It was obvious that Bill Shortens biggest mistake was his announcement that he was going to wipe out negative gearing, tax depreciation on investment property. A big mistake say most of his avid supporters, “its a well known fact in …Read More

$20,000 Immediate Tax Deduction, Confusing

Karl Stefanovic of the Today Show is not alone in the confusion surrounding the proposed $20,000 immediate tax write off announcement. Under changes introduced in the Federal Budget earlier this month, small businesses will receive an immediate tax deduction for any …Read More

Rental yield explained

The rental yield is used to compare properties and ascertain which one is better. Currently in most parts of Australia the rental yields are on the rise. Lets start at the definition of a rental yield and then move into …Read More

Claim Depreciation?

This year alone property investors will miss out on hundreds of thousands of dollars worth of property-related entitlements simply because they never made a depreciation claim. This could make the difference between having a good or bad year in property. …Read More

Jackhammer the drive

I arrived at a client’s premises to meet him standing there with a jackhammer in his hand ready to replace the drive, it was his first investment property and he thought that replacing the drive would induce tenants. Inside they …Read More

Old or New? Tax Depreciation benefits

          Which property is best for you…Old or New? I have lost count of the times I’ve been asked by property investors as to which properties offer the greatest amount of Tax Depreciation. As more first …Read More

A Sea Change

Buying a sea change (actual case study) About six months ago, a client came to us wanting to take advantage of the property market and purchase a small 2 bedroom unit, at the coast (South Tweed Heads), for retirement in 3 years’ …Read More