Starting a new business can be quite daunting, particularly if you’re trying to do so within a strict budget. On top of other initial start-up costs such as purchasing stock or merchandise, arranging insurance, budgeting for staff overheads and (if you don’t own the building) allocating...
Our feature guest tells about his passion for property and how that led him to create a Real Estate Agency – developed in his garage – that is solely devoted to helping other like-minded investors. Transcript: Kevin: My featured guest in the show this week is someone...
It doesn't seem that long ago when would-be homebuyers could take out 100 per cent loans – or even 105 per cent – to buy a property. The GFC mostly resulted in the end of such shenanigans but there are still low deposit home loans on...
What to know if you are thinking of selling a property Before an owner decides to sell their property, they need to be aware of the Capital Gains Tax (CGT) implications that may apply. Surprisingly, many owners are exempt from CGT but are unaware of their...
Today we share a sad story with you. Sandy wrote to me with a tale that we can all learn from. “BUYER BEWARE” as Sandy says. We could also say that if it looks too good it generally is. We get expert comment on Sandy’s situation...
Depreciation schedules should be arranged before and after any renovation All too often we see investors contacting specialist Quantity Surveyors to organise a depreciation schedule after they have completed renovations to an investment property. In most instances this is too late for the investor to claim...
The costs involved in starting any new business can be quite expensive. There are expenses for stock and merchandise, insurance, staff overheads and (if you don’t own the building) funds required to cover rent. Whether you own or rent the building, there may also be costs...
Sydney housing market prices could rise by 18% in 2017, and Melbourne house prices could rise by 17%! Now these are not the predictions of a property spruiker, but those of leading analyst SQM Research's Louis Christopher in his latest Housing Boom & Bust Report And with a credible...
As October 31st fast approaches, many property investors who submit their own income tax assessment online could potentially miss out on thousands of dollars in unclaimed deductions. Since the 1986-1987 financial year, Australia has operated a system of self-assessment of income tax. As a consequence a significant...