If you google my name – God forbid – then more often than not, my version of the property clock will be one of the first articles in the run down. I don’t know why, as I have said some pretty outlandish things in my past, but the clock seems to stick. It is a…
Every property investor wants to pay less tax and increase their income streams, but up to 80% of investors fail to take advantage of one of the big tools available to help them do just that: property depreciation. A professional tax depreciation schedule can be the difference between a negatively geared property and a positive…
Believe it or not, we’re almost half way through 2024, and our property markets are surprising many on the upside. Of course, each year brings its own set of wins, challenges, and lessons to learn and looking back at last year – 2023 – this was certainly no exception. So it’s a good time to…
Purchasing your first home is an important decision with far-reaching implications. You’ll be significantly better off financially if you make the right choice. However, if you mess it up and buy the wrong property, you could be worse off both financially and from a lifestyle perspective. Many parents have learnt a lot from their experiences,…
Nothing excites law students like the idea of a free house. Or alternatively, enrages them. It depends on their politics. As a result, academics condemned to teaching property law find it hard to resist the “doctrine of adverse possession”. The fact that a person can change the locks on someone else’s house, wait 12 years,…
Would you be surprised if I told you that making millions, or even being a ‘savvy saver’, has more to do with your attitude towards money than how much you make or spend? Those who become wealthy possess certain characteristics that influence their relationship with money. They are more frugal and less inclined to waste…
Do you know how many people own more than one investment property in Australia? Trust me – the answer will surprise you! You see, while there are just over two million investors in Australia, about 75 per cent of them own just one investment property. Only about 18 per cent own two, which rapidly drops…
In recent weeks, state governments have been sending out land tax notices to property investors. The noticeable increase in land tax receipts over the past few years has prompted more investors to reassess their property investments. Furthermore, the surge in land taxes is anticipated to exacerbate the rental crisis. Property investors are likely to pass…
Australia is going through an infrastructure boom. This follows from a building boom and before that a resources boom. Each boom was manufactured by the “Over World” as I like to label them – i.e. those that benefit the most – so that Australia doesn’t fall off the economic cliff or for some other altruistic…
I’ve said it before: it’s always been difficult to buy your first property. No matter whether it was the 1960s, 1990s or now, scrimping and saving for that deposit takes discipline and dedication. Now I admit that with property prices around Australia at new peak levels in many locations, and interest rates still high for…
