Blog
Rooftop Magic in Rental Properties
The modern day CBD apartment has it all! luxurious appointments, kitchen full of stylish European white goods, deep pile NZ carpets to bedrooms, Italian ceramic tiles to wet areas and floating timber or bamboo flooring to lounge and entertainment areas, city skyline views complete with health clubs, gymnasiums and fantastic rooftop [...]
NZ Earthquake
Our hearts go out to our NZ neighbors across the ditch, hammered again by nature at it's worst, god bless you all. We complain here in Australia about property prices and low capital gains, interest rates and returns on our investments, but what if our property portfolio was not only devalued but written [...]
Unit Developments in Brisbane
Many years ago Joh Bjelke-Petersen the then premier of Qld used to gauge the prosperity of the city on the amount of cranes visible on the skyline. Well if that's the catalyst for a buoyant economy then Qld must be booming! On a recent inspection for a tax depreciation schedule of [...]
Labor Loses Election Over Negative Gearing
It was obvious to any Melbourne tax depreciation specialist that Bill Shorten's biggest mistake was his announcement that he was going to wipe out negative gearing, tax depreciation on investment property. A big mistake say most of his avid supporters, "its a well known fact in the labor rank and file [...]
Small Business $20,000 Instant Asset Write Off Explained
Karl Stefanovic of the Today Show is not alone in the confusion surrounding the proposed $20,000 immediate tax write off announcement. Under changes introduced in the Federal Budget earlier this month, small businesses will receive an immediate tax deduction for any individual assets they buy costing up to $20,000. What is the [...]
Rental yield explained
The rental yield is used to compare properties and ascertain which one is better. Currently in most parts of Australia the rental yields are on the rise. Lets start at the definition of a rental yield and then move into a bit of analysis of the term. How Do You Calculate [...]