Most first-time property investors soon discover that they need a tax depreciation schedule and require a Quantity Surveyor to supply one. But what is a Quantity Surveyor and how do they come up with your depreciation deductions? Usually Accountants or property professionals like a Real Estate...
Ian Rodrigues answers a question about payment of GST on a development of townhouses. He highlights a loop hole that our questioner might have “inadvertently” stumbled upon subsequently nullifying payment of the tax. Transcript: Kevin: We’re going to answer a question now about GST and development. We received...
Dr Andrew Wilson says it might still be too early to call that the property market is showing signs of improving but early indicators are good. He details those in today’s update on auction results from the weekend. Dr Andrew Wilson, Chief Economist from My...
Property prices and their general inaccessibility are ongoing issues for many Australians. As such, millennials are turning to alternative methods to gain their first step onto the property ladder. One emerging trend enabling their dream is property co-ownership with friends and family. In fact, 31%...
With words like "avalanche", "plunge" and "brutal" being used by the media to describe the falling trajectory of property prices and the related credit that banks have sought to strip from buyers at an alarming rate, Josh Masters says suggesting households "avoid panicking" is like...
Headlines: No way to treat a pregnant woman The real estate ‘dirty little trick’ 1 in 5 will rent for life APRA says “We are not to blame” No way to treat a pregnant woman A LANDLORD who evicted his tenant 33 weeks into her pregnancy has...
Q: My wife and I bought our own home in 2011. It was a second-hand home at the time, not new. Between 2014 and 2016, we rented this home out with a full depreciation schedule in place. We moved back into our home at the start...
Highlights from this week: One third of Aussie are willing to co-share A GST ‘loop-hole’ revealed Our annual property update “Avoid panic” says one expert Business guru impacts a property business Transcript: “Avoid panic” says one expert - Josh Masters [gallery columns="1" size="full" ids="21867,21868"] Kevin: There’s always mixed reporting...
Veronica Morgan asks the question – “Can we trust the banks anymore?”. In light of what we are hearing from the Banking Royal Commission, some people are wondering about the whole finance and property industry. Who can you trust? Transcript: Kevin: Well, if nothing else, one thing that...