We thought you might get kick out of this. This Elsternwick home is getting a lot of attention in the media, and for all the wrong reasons. Check out the photos and see for yourself what all the fuss is about. Whilst we don’t know the story behind how this property, we do know how to prevent this occurring in your own investment properties. Thorough tenant screening – references, online background checks, financial affordability, employment & tenancy history...
Median home values around Australia have been mixed across the major cities in 2018. We're taking a look at recent median home value figures and how property has performed in the year to date. Property prices around Australia's major cities have continued to decline in recent months. A recent CoreLogic report revealed that median home values around Australia decreased by 0.1% in late-August. This figure, coupled with continued decreases in median home values in previous weeks made recent...
Tax time is here and claiming depreciation expenses can put a lot of money back in your pocket. Investment property tax depreciation allows you to claim a tax deduction for the wear and tear of the structural elements (the actual building) and the plant and equipment (fixtures and fittings) of an investment property. By claiming depreciation as a tax deduction, you can lower your taxable income. This in turn reduces the amount of income tax you need to pay, leaving more cash in your pocket...