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...
Rental yield is a measure of how much cash (or rental income) your property generates each year, as a percentage of the property value. The property investor dream is to secure a high rental yield property, in a location that delivers large capital gains, combined with low management and maintenance costs. This means, rental yields are not the only consideration when purchasing an investment property, but still a very important one. Calculation Rental yield is calculated as a gross percentage...
Asset protection and maximising our landlord’s investment income is our number one priority and one way to ensure this is to market and rent the property in the quickest possible time, to the best possible tenant, paying the highest possible rent. We understand that when a tenant gives notice that this can be a stressful time for some landlords who rely on regular rental payments to meet mortgage commitments. Below are some tips on how we can work together to reduce...