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Body corporate fees: be aware of additional expenses
In preparing returns this year we have come across a few clients with additional body corporate levies so this is an appropriate article for those looking at purchasing a strata title property. There can be many costs that are not factored in, which can come as a big surprise! We are not saying these are bad investments, just that you need to be aware of potential additional expenses - forewarned is forearmed!
http://finance.ninemsn.com.au/moneymag/latestmoneyarticles/8522858/real-estate-high-rise-dangers