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6 common mistakes made when buying an investment property in an SMSF

More and more investors, and particularly Baby Boomers, are using their Self-Managed Super Fund (SMSF) as a vehicle to buy an investment property. So I’d like to share some of the most common mistakes I see people making so you can avoid them. 1. Debt Your Self-Managed Superannuation Fund (SMSF) can borrow money to: a) Purchase…

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Property development guide part 12 – Enlisting the help of a town planning consultant

In this article, Bryce Yardney, Property Development Specialist at Metropole Projects, explains the role of a town planning consultant and what you need to be asking yours.  Town planning consultants are professionals with a qualification in town planning or urban planning.  Those in private practice have usually been employed by local councils or planning organisations for a number…

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What’s the difference between a property solicitor and a conveyancer?

Now that’s a common question we’re often asked, and rightly so.  It can be confusing when you’re offered what seems to be the same service by two different professionals. Basically, every time a property changes hands the process is called conveyancing, and conveyancing can be done by either a solicitor or a conveyancer. Before you…

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5 reasons why investors should claim depreciation

Any owner of an income producing investment property is eligible for significant taxation benefits. Despite this fact 80 per cent of property investors are failing to take advantage of property depreciation and are therefore missing out on thousands of dollars in their pockets. Property investors often assume they are ineligible or that it is not…

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