Tax hurdles trip property investors
INVESTORS own around two million homes in Australia, and every year thousands claim deductions they are not entitled to and fall foul of the Australian Taxation Office.
The result can be a kindly warning or a significant fine and large interest bill.
The tax office says it is investors’ responsibility to get their tax returns right [...]
Investors to wait and watch
It would seem all the stars are aligned: low rates, population growth, low vacancy rates, strong rents and a shortage of housing in most capitals.
Since late 2008, the number of loans to first home buyers has substantially outweighed those to existing owner-occupiers and investors as first-time buyers rush to take advantage of the increased government [...]
Cheap inner-city areas – where are they?
It’s well known, buying properties within 10km of capital cities are generally a good investment, but where ARE the most affordable areas?
Did you know there are suburbs within 5km of capital city centres where the median unit price is $200,000 and the gross rental yield 5.33%?
You really don’t have to buy far from the [...]