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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If you’re making a list of the attributes you want from your next real estate agent, consider this recent research from CoreLogic. CoreLogic surveyed sellers to find the most valuable skills and behavioural traits in top performing agents. They found that while the gender of your agent made no discernible difference to the final outcome,…
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Nothing fires the imagination of a buyer than recognising the potential of your property. When that magic happens, you can be confident of attaining an optimum price and dodging the distress of your property staying on the market longer than anticipated. Styling a property, also known as home staging, is a great way to inspire…
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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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One of the features often neglected in selling a home is the garden. As your real estate agent, it is always great to highlight a garden as it offers a fabulous, relaxing lifestyle for the next owners. You can add thousands of dollars to the valuation of your home by updating your garden. Buyers love…
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The decision to renovate or buy a new home requires research, an assessment of your own personal financial circumstances and, ultimately, a few hard choices. There is no right or wrong to either option. Both come with significant benefits as well as a few downsides. The key influencing factors should be your lifestyle aspirations, personal…
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Despite your diligence, you’ll never know whether you’ve chosen the right real estate agent until you see them in action. And when you do, how do you know they were the best choice? A great agent displays several traits that set them apart from the pack. A focus on their client – you – is…
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