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Investment
Using the Margin Scheme When Selling New Residential Property
When building new residential property with the intention of selling for a profit, the biggest consideration, apart from income tax, is GST.
Following on from last month, where we discussed the tax consequences of different types of developments, this month we take a more in-depth look at how you can use the ‘Margin Scheme’ to reduce your GST liabilities.....
... read moreTaxing Developments - API Article
In recent months I’ve had a number of conversations with clients who are building new residential properties, a couple intending to keep the property and rent it out and some intending to sell for a profit. When I informed these clients of the potential tax implications of selling, they were ...
... read moreLand Tax - The Good, The Bad and The Ugly - API Article
When you buy your first (or even second) investment property, land tax is likely the last thing on your mind. Even less likely if you’re buying a new family home and have decided to keep the old one and rent it out. With land tax rates skyrocketing in some states over recent years, this can be a nasty surprise.
Land tax is imposed by all state and territory governments in Australia, except for the Northern Territory. It’s based on the cumulative value of all unimproved land that you own, other than .....
... read moreHoliday House Rules - API Article
You’ve purchased a holiday house and now you need to decide if you keep it for yourselves, or rent it out to help pay for it. There’s a lot to consider…
If you don’t like the idea of someone else using your holiday house and you won’t rent it out, there are still a few things to remember. All the holding costs for the property can be used to reduce .....
... read moreThe Future for SMSF Borrowing - API Article
Self Managed Superannuation Funds (SMSFs) have been able to borrow to fund investment property purchases using limited recourse borrowing arrangements since 2007 and this has been a great strategy for investors to increase their property portfolio.
The ability to save up to 34 per cent income tax while paying off loan principal and to have your super fund assets free from capital gains tax .....
... read moreAre you happy with YOUR investment mix?
Have you been thinking carefully lately about where you are investing your money and what kind of mix...
... read moreProperty Investment Marketing...BEWARE
After noticing the recent significant increase in Property Investment marketing and advertising we thought it was a good idea to remind everyone to BEWARE! Whilst many of these .....
... read moreDepreciation of outdoor structures
Depreciation schedules are a must for Property Investors, this article from BMT examines outdoor items which can be claimed. When it comes to claiming depreciation on investment properties, many investors are .....
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