Viewing entries tagged
Property Investors

Travelling to and from your investment property

Travelling to and from your investment property

From 1 July 2017, new rules came into effect that prevent taxpayers claiming a deduction for expenses they incur travelling to and from their residential investment property.

Super Concessions For First Home Savers And Downsizers

Super Concessions For First Home Savers And Downsizers

Does superannuation offer an avenue to help downsizers and first home savers? The Government seems to think so. Late last month the detail of the housing initiatives announced in the Federal Budget were released for consultation. We explore what’s on offer and the implications.

What everyone selling a property valued at $750k or more needs to know

What everyone selling a property valued at $750k or more needs to know

Every vendor selling a property needs to prove that they are a resident of Australia for tax purposes unless they are happy for the purchaser to withhold a 12.5% withholding tax. From 1 July 2017, every individual selling a property with a sale value of $750,000 or more is affected.

Should you really buy a rental property?

Should you really buy a rental property?

So…you are thinking about getting into the property investment market, but you haven’t quite worked out what the strategy is. Everyone else is doing it so maybe I should.  There are a lot of people that spruik rental property purchases but they focus heavily on the tax benefits.  Is that a good reason to buy or is there something else?  What does negative gearing mean and why has there been so much talk in the media about it.

Landlords Beware: Key issues for property investors

Landlords Beware: Key issues for property investors

There has been a lot of negative conversation about negative gearing lately. But, if you are currently negative gearing your investment property, should you be concerned?

Negative gearing is when you claim more in deductions than you earn for an income producing asset that you have purchased using debt. It is not limited to property, you can for example negatively gear shares, but property is the dominant negatively geared asset claimed by Australians.