Property
Is this the end of the Housing Boom?
Clearly the growth rates in the Australian housing market, particularly in Sydney and Melbourne, peaked some time ago – March last year. But prices have mostly been still rising, albeit at a slower pace.
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Preparing For Your Rental Property’s Tax Deductions
Property is a solid investment opportunity for those looking to increase their financial security. If you are a landlord, you may be looking for ways to reduce your tax liability this year. This may assist you in turning your property’s cash flow from a negative into a positive.
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Top 10 Tips for Property Investors
Are you looking at buying an investment property? There’s no one-size-fits-all method to property investing, it requires an individualistic approach. You need to recognise and focus on your own specific goals, needs and situations to succeed.
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The ATO examines property investors as deduction issues increase
The ATO has issued a warning to property investors this tax time following rental income and deduction errors found in over 70 per cent of tax returns audited last financial year.
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Tax exemption for ‘granny flat’ arrangements
To protect older Australians, the Government has moved to formalise ‘granny flat arrangements’ by providing an incentive to protect all parties in the arrangement.
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Problems That Occur When Subdividing Your Land
Many Australians decide to subdivide their backyard without considering how that can affect them from a tax point of view.
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What’s The Tax Benefit Of A Negatively Geared Property?
With a negatively geared property, you’re going to have generated a loss, and that loss is then used to reduce your taxable income and increase your tax refund at the end of the year.
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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.
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