Property investment

Seven auction sins
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I know that many property investors are a little intimidated by the thought of bidding for a property at auction.  I can understand why because auctions are an emotional and exciting event. And even after bidding at hundreds and hundreds of auctions I must admit I still get that surge of adrenaline every time I…

6 tricks to make your renovation look expensive
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Whether your property is new or not, making sure it’s in top condition when you put it up for sale or for rent is crucial. Some places might need more than just a spit and polish, and that’s where you want your money to work smarter, not harder. Ideally you want a champagne renovation on…

Is a building & pest inspection tax deductible?
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The simple answer is NO – not in the way you’re expecting.  When buying an income producing investment property, the expenses associated with it’s purchase are treated differently to later repair, maintenance and ongoing management costs. Many of the upfront costs are considered what we call a ‘capital cost’. These include stamp duty, conveyancing costs and…

The dos and don’ts of successful investors
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Real estate investing used to be a rather niche industry, confined to the few Australians who had significant reserves of cash and a genuine interest in the property market. These days, you could be forgiven for thinking that everyone is a real estate investor. Interest rates are at all time lows, freeing up many people to…

Ask the Tax Expert [video] — How can I avoid paying Capital Gains Tax?
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Are there ways to avoid or reduce paying Capital Gains Tax (CGT)when selling a property? Yes, there are a few strategies that can help you minimise your CGT, and in this video tax expert Ken Raiis, director of Metropole Wealth Advisory, outlines some of them.   Unfortunately, there is no silver bullet to avoiding Capital…

How the right reserve price can improve your auction result
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Selling your property at auction is altogether exciting and nerve-wracking at the same time — especially if it’s your investment property that’s up on the auction block. While auctions can be notoriously unpredictable, there are several things you can do that may inspire a better end result. One of these things is ensuring that you’ve set…

10 things your banker won’t tell you
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When I first started investing people had a personal relationship with their bank managers, but things have changed significantly over the last few decades. Fact is when you go into a bank, you are on your own when it comes to your own financial interests.   Everyone may be friendly and eager to help when you walk in…