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.
Building homes stands to be the best sophisticated strategy for investors looking to expand their portfolio and ultimately create more wealth. However, there are many aspects to be considered in property, including the quality of the build itself. What are the common issues in a new build, and how can investors protect themselves from them?… 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
Property Prices are Increasing Around Australia There’s no doubt you’ve seen the media around property price increases over the past few months. As a country, Australia has worked hard to lift itself out of the COVID-19 pandemic-induced recession. Thanks to this, 2021 is looking bright for property prices, with publications from ANZ and other big… Read more