Investment Property

Utilising Redraw For Your Investment Property

Utilising Redraw For Your Investment Property

My client, let’s call her Rachel, is planning on moving into this property for one to two years and renovating it during that time, before moving on to her next property and renting this one out.  There are many things to think about when getting a mortgage but I am only going to look at the potential tax effects of different loan structures.

... read more

( Posted in: Property )

Offset VS Redraw For Property Investors

Offset VS Redraw For Property Investors

It's a tricky decision for many, so our property expert has given some advice on what will be best for you. 

... read more

( Posted in: Property )

Can I Claim Travel Expenses For My Rental Property?

Can I Claim Travel Expenses For My Rental Property?

Travel expenses relating to inspecting, maintaining, or collecting rent for a residential rental property cannot be claimed as deductions by investors. The travel expenditure is also not recognised in the cost base of the property for CGT purposes.

... read more

( Posted in: Tax )

Property Investment for Small Business Owners

Property Investment for Small Business Owners

In small business, a key asset protection strategy is to set up an investment trust outside of your main trading trust.

This investment trust is what buys your investment property.

You need to do this because you cannot have it in your name as the director of the company who is running the business. This is far too risky in a litigious society. 

... read more

Estate Planning for Rental Property Owners

Estate Planning for Rental Property Owners

Good tax planning should involve the inclusion of a testamentary trust as part of the estate plan. There are some little known tax concessions which executors should be aware of when it comes to these trusts and your principle place of residence which I have explained below.

... read more

( Posted in: Living Estate Planning )

RBA Decision - No Change To Interest Rates

RBA Decision - No Change To Interest Rates

The RBA has kept the cash rate on hold for the 22nd consecutive board meeting at a historical low of 1.5 per cent.  At this point in time it is expected interest rates will remain on hold well into 2019.

... read more

( Posted in: Lending & Finance )

Treat Your Investment Property Like A Business And Your Tenants Like Clients

Treat Your Investment Property Like A Business And Your Tenants Like Clients

It’s important to look after the tenants in your investment property – it encourages them to stay long term and take care of your property. So how can you keep your tenants happy? By treating your property like a business and your tenants like valued customers.

... read more

( Posted in: Lending & Finance )

UPDATE - Withholding tax on property sales

UPDATE - Withholding tax on property sales

Last year we wrote an article detailing the new withholding tax introduced for properties sold to foreign residents.  For any property sold for more than $2 million after 1 July 2016, the purchaser had an obligation to withhold 10% of the sale price.

... read more

( Posted in: Property )