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Property
Land 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 moreThe Tax Implications of Subdividing your Backyard - API Article
Subdividing your PPOR (principal place of residence) is a strategy we often get asked about. If you’re thinking about going down this path, there’s a lot to consider before making your decision.
There are many different strategies with different outcomes, depending on whether you’re planning to sell the part with the house, or the vacant land, or build and move in, build and rent out or .....
... 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 moreSMSF and Property Tips
Here is a great article from The Age by Chris Tolhurst about the tips and traps of purchasing property in super. GGA was one of the first firms to offer .....
... read moreBecoming a Property Developer
When considering developing a block of units ensuring you get the structure right is very important. For a small (2 unit) one-off development you will likely be fine with individual or trust ownership.
If you are looking at larger developments (4 or more units), or planning on undertaking multiple developments in the future, then you need to .....
... 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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