{"id":31509,"date":"2021-07-03T09:00:22","date_gmt":"2021-07-02T23:00:22","guid":{"rendered":"https:\/\/channels.realty.com.au\/realtytalk\/?p=31509"},"modified":"2021-07-05T13:00:47","modified_gmt":"2021-07-05T03:00:47","slug":"when-it-is-not-wise-to-move-in-is-the-party-about-to-end","status":"publish","type":"post","link":"https:\/\/channels.realty.com.au\/realtytalk\/when-it-is-not-wise-to-move-in-is-the-party-about-to-end\/","title":{"rendered":"When it is not wise to \u2018move in\u2019 + Is the party about to end?"},"content":{"rendered":"<p style=\"text-align: justify\"><span style=\"font-weight: 400\">If you decide to move into an investment property and become your primary residence place, you\u2019ll need to declare this for tax purposes.\u00a0 There are certain scenarios where an investor can end up living in an investment property, but it is important to be wary of the rules and regulations before doing so. \u00a0 That is what Bushy discusses with Brad Beer from BMT. <\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">The Australian housing market is booming with predictions that prices will rise by as much as 20% in total across this year and next. but one of Australia\u2019s leading economists Dr. Shane Oliver, Head of Investment Strategy and Chief Economist AMP Capital <\/span><span style=\"font-weight: 400\">believes the bull market may be getting close to the end, and when someone like Shane says that we listen.\u00a0 Bushy talks to him about that.\u00a0 <\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">According to the most recent Australian Taxation Office statistics, just 8.8% of Australians have an investment property.\u00a0 That is just over 2 million investors \u2026.. impressive.\u00a0 \u00a0 But dig deeper and we discover that the number of people who have scaled their portfolio is a small minority within a small minority. \u00a0 The numbers Bushy discusses with Arjun Paliwal are very revealing.\u00a0 And we round the show out with a piece of wisdom from Bushy that deals with allowable claims.\u00a0 What costs can you recover from the taxman?<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>If you decide to move into an investment property and become your primary residence place, you\u2019ll need to declare this for tax purposes.\u00a0 There are certain scenarios where an investor can end up living in an investment property, but it is important to be wary&#8230;<\/p>\n","protected":false},"author":176692473,"featured_media":31512,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[32,34,10,11,13,36,142,22,24,25,27,29],"tags":[],"class_list":["post-31509","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-buying-a-property-topic","category-finance-topic","category-kevin-turner-sponsored-channels","category-kevin-update","category-latest-story","category-property-investment-topic","category-real-estate-talk","category-research-topic","category-shows","category-sponsored-channels","category-trends-topic","category-video","post_format-post-format-video"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>When it is not wise to \u2018move in\u2019 + Is the party about to end? 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