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Property
The ATO’s rental property crackdown – a potential audit goldmine
May 10th, 2019Do you own a rental property? Off the back of finding that the vast majority of rental property owners are making mistakes on their tax returns, the Australian Taxation Office (ATO) is now scrutinising related deductions closer than ever. This has led to the announcement of increased audit activity, in order to ensure ongoing complianceread more
Getting Started in Property Development
April 1st, 2019The dreams of a steady passive income, financial stability and a lavish retirement draw a lot of people to property investment and property development. Whether this comes in the form of subdividing the family block; purchasing an existing home and replacing it with units; or developing a multi-story apartment complex, property development can be lucrativeread more
Owning a commercial property with your SMSF
November 1st, 2018Ever thought about investing in property using your super? Transferring commercial property into superannuation is commonplace – and has been for many years – and the benefits of owning property in superannuation can be significant. In order to understand the real-word application of owning property in your super, consider the following example. In this situation,read more
How to Evaluate a Potential Property Investment
August 28th, 2018Keeping an eye on the median house prices of a city is a pretty common metric that prospective investors use to guide their property investment. As much as this can be a decent macro-level indicator of the market, it’s worth remembering to look at some of the finer details within different suburbs. Here are aread more
Housing Affordability Update
June 25th, 2018The affordability of housing is often a pretty good indicator of economic performance overall, particularly as it involves income, expenditure, employment and government initiatives/funding. Reports from the March quarter this year have shown an improvement in housing affordability nationally over the previous quarter, particularly with the proportion of household income required to meet loan repaymentsread more
Subdividing and Building on the Family Property – What are the CGT Implications?
May 28th, 2018Have you ever thought about subdividing your family property, rather than buying another piece of land to do the same? Make sure you’re aware of all of the Capital Gains Tax (CGT) implications of taking this route. CGT can already be a complex area for the uninitiated, and this is certainly no different when itread more
McKinley Plowman’s Top Property Investment Tips
February 21st, 2018We all want to get the most from the things we spend our hard-earned money on. Whether it’s looking good in a designer outfit you just bought; enjoying the expensive steak at a classy restaurant; or enjoying your brand-new car, it’s natural to want to know that our spending is not a mistake. In fewread more
Top Tips for Rental Property Owners
December 13th, 2017Investing in property is one of the most common investment routes people take to increase wealth and grow their asset portfolio. However, rental properties can be challenging to manage, especially when it comes to gathering and keeping the right documents, claiming expenses and the rental process. Complying with tax laws and renting your property outread more
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