House and money

Shower yourself with $2,210 in bathroom and laundry deductions

When it comes to depreciation, the bathroom and laundry areas of a rental property contain some of the items most often missed by investors when claiming deductions.    While shower curtains and bathroom accessories such as toilet brushes, soap dispensers and hampers have relatively low depreciable values, it is items like these which can provide...
Modern computer media devices

Crash calls for the Australian property market – how valid are they?

In the most recent Oliver’s Insight, Dr. Shane Oliver, chief economist of AMP Capital, addresses the recent media scare claiming that the Australian Property Market is heading for a crash, and looking at its validity. Here’s what he had to say: To modify Benjamin Franklin, it seems that in Australia nothing can be said to be certain, except death, taxes and endless debate about property...

The pluses & pitfalls of DIY renovations

Have you considered renovating your investment property to increase your returns? one of  his columns in Switzer last year,  John McGrath gave an interesting take on the advantages and challenges of DIY renovation. He makes some interesting points I hadn’t heard discussed in this context before, so here’s what he said… Countless TV renovation shows and magazine articles...

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