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.
A strong property market, investor tax benefits, uncertainty in the stock market and superannuation are just some of the reasons people are currently looking to invest in real estate. If you are thinking about investing in property, think about what you want from your property investment. Are you after something to live in eventually, to.
For whatever reason, you have decided to sell your investment property, but like all good investment properties, you’ve still got tenants in there. Should you give them notice and hope you get a quick sale while the property is empty and without an income, or keep them in and hope the property is sold to.
With 30 June just around the corner, many property investors are scrabbling around, gathering those little bits of paper together and racking their brains for what they can and can’t claim for on their tax return. If you are one of these people, don’t worry, you’re not alone – last year the Sydney Morning Herald.