Property Investment, Investment Properties, Retirement, Melbourne
Trusts We are asked a lot about trusts. Clients often want to know if they should set up a trust, or whether their current family trust is suitable for their new property investment ventures. Each situation is unique, and we always recommend our clients discuss their asset planning with a trusted ...
Tax benefits for a block under construction A client is considering buying a block of land so she can build an investment property on it. She’s asked if she has to wait until she’s getting rent from the house before she can claim tax deductions on the loan. This client can plan on ...
How often should I increase rent as a landlord? Craig is a DIY landlord. He’s asked how often he should increase rents. When he told us what he’s charging for rent, we were surprised at how low it is. He’s worried that if he puts up the rents, he might lose his tenants. We told Craig it’s ...
What is leveraging? There are many reasons to invest in property: capital gains; low risk; regular cash-flow and tax benefits. One of the best reasons, though, is the ability it gives to leverage your initial investment into further investment. What is leveraging? Leveraging is borrowing money ...
Quiz: How much do you know about tax and property investment? Take our quick quiz to see if you are susceptible to these common tax mistakes. You have just bought an ageing villa. As soon as you move in, you strip the rotting carpet and rewire the whole house. Can you claim for these ...
How much Superannuation do I need? How much should you save for retirement? Will $300,000 see you through? $500,000? You’ll probably need to double that. A 2013 report by Deloitte suggested that, for Gen Y, one million is not going to be enough. According to Deloitte, if you are ...
What records should I keep? Property investing incurs a lot of paperwork and email correspondence. What should you keep, and what is safe to throw out? Keeping organised records is important for the smooth running of your investments and to make sure you are compliant with regulations. There ...
Is Australia in a Property Bubble? Whether we’re in a bubble, heading for one, or just experiencing a growth spurt in a normal cycle, you should be aware that prices are rising. You should also be prepared for the possibility that they will fall at some time in the future. In a bubble (or nearing ...
The media has been full of discussion about whether or not Sydney and Melbourne are heading towards or in the middle of a housing bubble. What is a bubble, and are we experiencing one now? A housing bubble happens when demand increases substantially. This may be because of easy credit terms, low ...
One subject we get asked a lot about is stamp duty – what it is, when you do and don’t pay it and most commonly, how much it costs. It’s a complex matter, and one that you don’t want to get wrong. Stamp duty guidelines vary throughout the country. In Victoria for example, when you buy your first ...
