BMT

The new financial year is a great time to look critically at last year’s investing habits and identify any weak areas that can be improved for a more successful year ahead. The ability to question your investing habits and open yourself up to new ideas...

For most people, a new financial year means time to prepare an income tax return. They’ll lodge their return, hopefully get a refund (or maybe have to pay some extra tax) and then forget about it until next tax time rolls around. For property investors, it has...

Depreciation can be a rather complex area with specific rules, qualifying dates, depreciation rates, methods for claiming and pre-determined effective lives of assets. As such, claiming depreciation deductions can be a confusing task for many property investors. For this reason, it’s imperative that investors get a...

Most first-time property investors soon discover that they need a tax depreciation schedule and require a Quantity Surveyor to supply one. But what is a Quantity Surveyor and how do they come up with your depreciation deductions? Usually Accountants or property professionals like a Real Estate...

He didn’t know it at the time but Brad Beer was one of the first people to discover the power of sacrifice and being able to work the numbers to establish a portfolio.  We now call it rent-vesting but almost two decades ago Brad thought...

When an investor purchases a new property, it’s rare that they will own the property for a full twelve-month period before tax time comes around.  As a result, many investors who have only owned their property for a short period of time will assume it...

Investors who are looking to purchase a new property often look at buying off-the plan. Buying off-the-plan essentially means you are entering into a contract to purchase a property prior to, or during the construction phase of a property or a development. One big benefit of purchasing...

Improve yields, boost deductions and help your tenants save A principle concern of many Australian households in recent years has been rising electricity prices. A preliminary report from the Australian Competition and Consumer Commission (ACCC) suggests that the increase in prices over the past decade is putting...

Deductions for repairs, maintenance and improvements are areas the Australian Taxation Office pay particular attention to on annual tax returns. For this reason it is important that investors understand the difference. Repairs are considered work completed to fix damage or deterioration of a property, for example replacing...

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