Building a property portfolio is a great way to build your wealth. Here, we outline the most common approaches. Know your Motivation: Building a property portfolio is not a small undertaking. It comes with calls on your time, money and focus. Be sure you know why you’re doing it. For example, are you trying to…
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Owning an investment property is a little like running a business. It provides a great source of income and builds personal wealth but inevitably comes with a series of costs that hit your bottom line. The great news for property investors is that many of these expenses are tax-deductible. It is a common misconception that…
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Buying off the plan is a tempting prospect, especially in a rising market. You’ll buy at today’s prices with a 10 per cent deposit and then reap the rewards of higher value when construction is finished. Two types of buyer really benefit from this arrangement. If you’re seeking a new home with lifestyle benefits, it…
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Owning a property offers attractive tax advantages in exchange for you contributing to the all-important supply of rental accommodation across the country. And with the end of the financial year fast approaching, this is the time to take stock of the income and expenditure related to your investment home or unit. A tax return that…
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The year is flying by and it is already time to prepare for the lodgements of your tax returns. For landlords, this is means you should be gathering your paperwork and checking the residential rental properties area of the ATO website to see what you can claim for this past fiscal year. It’s also a…
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With everything going on in the world right now, it’s easy to forget the end of the financial year is fast approaching. As a landlord, this is the time for you to gather your receipts, expenses such as the interest paid on the loan against your property, and to calculate your income. This way, you’re…
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Building a property portfolio is a great way to build your wealth. Here, we outline the most common approaches. Know your Motivation: Building a property portfolio is not a small undertaking. It comes with calls on your time, money and focus. Be sure you know why you’re doing it. For example, are you trying to…
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Understanding what tenants want can make your life as a landlord significantly easier, regardless of whether you’re considering your first investment property or your tenth. You must be confident that you’re buying an asset that will attract keen demand and a strong rental price. Your baseline must be the quality of the property itself. It…
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There’s been so much media on the plight of renters in the COVID-19 crisis that landlord rights feel lost in what has become a very public and somewhat one-way conversation. Here, we attempt to clarify issues from the landlord’s perspective. Since March 29, there has been a national moratorium on evictions of those who are…
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With talk now beginning of how New Zealand will bounce back from the coronavirus crisis, it’s reassuring for landlords to know that new research shows most tenants have not missed a rent payment. This great news for property investors illustrates the underlying strength of the rental market and the stability of the property sector compared…
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