With a brand-new, built investment property, there are significant tax savings. Through depreciation, or general wear and tear, you are able to claim tax returns each year.
If your property is negatively geared – that is, you returns on rent do not meet the requirements of the expenses – you are able to claim this difference in expenses on your tax return.
Interest Only vs P&I Loans for property Investors Introduction Property investment is a popular avenue for wealth creation in Australia, with a variety of financing options available to investors. Among these options, two of the most common are interest-only (IO) loans and principal and interest (P&I) loans. Both have their advantages and disadvantages. The choice between… Read more
House Inspect Australia’s Litsa Adamou, South Australia’s first female building inspector, prides herself for her passion for building. As a licensed builder herself, she believes it’s critical to undertake a full suite of inspections, creating a clear building inspection process—from frame inspections to pre-turnover building and pest inspections—to ensure a quality build. This article… Read more
what is land tax? Introduction Investing in real estate can be very lucrative but it also comes with its share of responsibilities and expenses. One such expense that property investors need to be aware of is land tax. Understanding ‘what is land tax’ and how it works, is crucial for investors looking to grow a… Read more