When you’re doing your budget for your investment property, as well as paying your mortgage, you do have certain financial responsibilities you need to budget for. The good news is, many of these costs can be used as a tax deductible item so don’t forget to keep all your receipts and proof of payments. If.
Three Deductions From One Renovation Putting in a new kitchen or bathroom, landscaping the garden, or any other major renovation will instantly add value to your property and potentially increase your rental income, but there are other advantages too. Some property investors may not be aware you can claim some tax back on the depreciation.
With interest rates at an all-time low, now really is a good time to do some number crunching think about investing in property. So what makes Newcastle a great area for investors? Here are a few of our suggestions of why the area continues to be attractive to investors: Rental Yield and Capital Growth Good.
Andriessen Property have a staff of 14, and whilst most real estate agencies do property management as a sidekick to the sales team, we pride ourselves on having a highly experienced team, known as “Newcastle Property Management”. Our specialist property management team has managed thousands of residential and commercial properties for investors for over 40.
A younger person shouldn’t find investing in property daunting. As well as giving some great benefits, we also believe investing in property is easier to understand than other forms of investment, which makes it a very attractive option for those who are planning their financial future. A common misconception for young people is they have.
We all love the idea of being debt free. Not having to pay for a mortgage will give us financial freedom won’t it? Instead of paying off the home-loan, that money can now be used for holidays, a new car or finally buying new carpet, right? Yes – to a degree. However, working out what.