Superannuation is one of the most effective wealth creation tools in Australia today. The taxation benefits of voluntary contributions into your superannuation are well-known, as is the ability to access your super funds (via a self-managed super fund) to invest in property. Unfortunately, however, there are simple mistakes that people regularly make which means their…
Articles by Ken Raiss
Ken is director of Metropole Wealth Advisory and gives strategic expert advice to property investors, professionals and business owners. He is in a unique position to blend his skills of accounting, wealth advisory, property investing, financial planning and small business. View his articles
There’s a common saying that you should ‘begin with the end in mind’ – this is especially true for property investment. The problem is that too many investors begin their investment journey without considering what will be the best ownership structure. Without much thought to it, they put their entire portfolio in their personal name….
What is land tax? Who should pay for it? And can I reduce this major property cost which seems to eat into my rental income disproportionally? These questions are often asked by serious property investors who already have or are in the process of building a significant property portfolio. As is the case for most…
I’ve always believed that the start of every year is the ideal time to consider your wealth creation goals. So, why don’t you ask yourself this question: Will this be like most other years where good intentions are forgotten or put aside because of the pressures of everyday life? As the saying goes: Why put…
Capital gains tax (CGT) is the tax you pay on profits from selling assets, such as property. You essentially make a capital gain when the difference between the cost of purchasing your property (or another asset) and what you gained from selling it is greater than zero – in other words, you made a profit….
Capital gains tax (CGT) is a tax that is levied on the sale of certain assets, including real estate, shares, and other investments purchased with the intention to keep as opposed to buying with the intention to sell for a profit. In Australia, CGT is generally paid on the profit made from the sale of…
No one likes to talk about death but it is a fact of life. The problem is that by not talking about it, many people never get around to preparing for it either. A common saying is that there are only two certainties in life – death and taxes – yet we generally prepare for…
Housing affordability is the current topic of conversation at dinner tables across Australia. And for families with Gen Y children, in particular, it’s probably a discussion based around how they’ll struggle to ever buy their own home. There’s no denying it has become a lot harder to get a start on the property ladder –…
Have you considered investing with family members? As they say… Blood is thicker than water, but sadly, bad business can break families apart overnight. Co-investing with family is no exception. It has the power to thrive or the power to destroy – and the key is all in the foundation you start from. Common family…
Is successful property investing an art or a science? Albert Einstein once said, “COMPOUND INTEREST IS THE EIGHTH wonder of the world. He who understands it earns it… he who doesn’t… pays it.” If we accept the above, then the longer we hold a property investment the more likely we are to make a gain….