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July
2015A common question asked by many property owners is whether they should accept pets or not? There is no right or wrong answer to this question and the decision is ultimately up to each property owner. Following is an overview of the pro’s and con’s to assist [...]
June
2015It is appropriate to mention a few things about our end of financial year processes. We will be doing our end of year disbursement on the evening of the 30th June 2015. Depending on your Bank, the funds will be in your account the following day or Thursday the 2nd July. [...]
June
2015As a subscriber to RP data, we regularly receive a wealth of property data to peruse. I have reproduced their current newsletter for you as well as their report which you are welcome to download. Welcome to the latest quarterly report by CoreLogic RP Data. Incl [...]
May
2015Joe Hockey delivered his second budget as Federal Treasurer last week. For the many investors who were worried about the changes to negative gearing, capital gains tax and superannuation changes, there was a sigh of relief as no changes were announced. With the federal [...]
May
2015The current housing market has interest rates at historic low levels. As an investor in this market, it would be prudent to take advantage as much as possible from these low rates. Below are some ideas that may benefit the current property investor and or the first time [...]
May
2015Stronger rental growth over the past quarter however, annual rental growth remains low Buoyant property market conditions do not always mean that all sectors of the property market are performing well according to quarterly rental data released today by CoreLogic RP [...]
April
2015What the market perceives is that housing prices are rising due to property investors buying stock due to the many negative gearing tax benefits which in turn is limiting the first home buyer choices. It would not be rocket science though to guess what would [...]
April
2015Unfortunately, fair wear and tear is not defined in the Act and becomes open for interpretation by many tenants as well as owners/property managers when a tenant is vacating a rental property. The legislation only states that a tenant must leave the property and [...]
March
2015A capital gain, or capital loss, is the difference between what it cost you to obtain, maintain and improve the property (the cost base), and what you receive when you sell it. These costs include the purchase price, stamp duty, agent's commissions and any legal fees [...]
March
2015This is an important issue when owing a rental property. As a general rule, any repairs or maintenance or other damage suffered whilst the property is being rented out is tax deductible in the financial year the cost was incurred. Repairs generally involve replacement or [...]