Paying Interest in Advance on Investment Property

Now is the time of the year some people consider paying 12 months of interest upfront to claim the tax deduction in this financial year. If you have sold a property and have a capital gain liability, or have come into some money via a bonus or something, paying the...

Brokers lead banks in customer satisfaction

According to the latest Bankwest/MFAA Home Index, customer satisfaction with mortgage brokers has climbed 5 per cent since this time last year, from seven out of 10 to 7.5 – widening their lead over the banks. Some new clients have told me of their experiences...

TOP TEN TIPS – TAX RETURNS ON RENTAL/INVESTMENT PROPERTIES

Here is a list of the 10 most common mistakes that investors make when preparing tax returns for rental properties from a partner at BDO Kendalls. TIP l: Repair or improvement? There is a fundamental difference between a repair and an improvement – the former is...

Property Prices in Australia

We are frequently asked by investors about the property market. In our last Investment News, we reported that dire predictions of the market’s imminent collapse had been shown to be wrong. As a result, one prophet of gloom, Steven Keen, now has to walk from...

What does 2010 have in store for Property in Australia

With property prices in many capital cities hitting new highs, people are once again asking: “Can property values keep rising?” We’re told that we have record population growth and we’re not building enough houses, and this is pushing up property prices. So do we...