Posts Tagged ‘real estate’

Do depreciation deductions apply to you?

Owners of income producing properties are eligible to claim tax deductions for a number of expenses involved in holding a property.

Most investors are aware of some of the deductions they are entitled to; for example, they know they can claim their Property Manager’s fees, council rates and any repairs and maintenance costs. However, all too often investors are unaware of property depreciation and as such they … Read more »

How to find a Growth area before it BOOMS

Australia’s full of suburbs that were regarded as undesirable, before quickly transforming and seeing their house prices rocket upwards. Brunswick is just one example of this – in the last decade it has transformed from an infamous inner-city strip, to one of Melbourne’s most unique and desirable areas.

Because of this transformation, the median house value here has grown exponentially over the last few years to almost $1.2 million, according to … Read more »