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Rebecca Mackie
Tax implications of renovating for profit - API Article
We’re regularly asked about the tax consequences of renovating to sell for a profit and the answers and issues that may arise often surprise clients. Here’s some information on renovating for profit and the significance of substantial renovations.
... 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 .....
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