Property Archive
BlogProperty
Having the right loan structure when purchasing a property is imperative, whether you are purchasing a main residence or investment. Here is an explanation of the difference between an offset account and a loan redraw facility.
Lending & FinanceProperty
National Bank announced today that it will not change its Standard Variable home loan rate from 5.24% p.a.
CommunityPropertyTax
Travel expenses relating to inspecting, maintaining, or collecting rent for a residential rental property cannot be claimed as deductions by investors. The travel expenditure is also not recognised in the cost base of the property for CGT purposes.
BlogProperty
Australia has seen a huge surge in property owners renting their house or rooms out via the likes of the hugely popular Airbnb app. As a result, the ATO are now going to gain access to data match these online platforms.
BlogProperty
The ATO is expanding its data matching program to include rental property bond data dating back to 20 September 1985 (the introduction of the CGT regime).
Lending & FinanceProperty
When a couple breaks up, there are a lot of things to deliberate. Who gets to keep the slow cooker? How quickly can I get that ring up on Gumtree? Most importantly, what happens to the house…?
Lending & FinanceProperty
NOW is the time to take advantage of these market conditions and negotiate your next property purchase.
BlogProperty
There have been some changes to how GST on new properties is accounted for. These changes are now law, coming in as of 1 July 2018. We are now seeing a number of clients asking how this will actually work.
BlogLending & FinanceProperty
So there are extra rooms that you don’t use and it’s just occurred to you that the extra cash that could come in from renting a room or two on Airbnb outweighs the negatives of having a complete stranger in your home – OK, what do you need to be aware of?
Property
CGT and the family home: Expats and foreign residents beware! The family home of foreign residents and expats may be taxed if legislation before Parliament is passed by the Senate.
Property
As of 1 July 2018 there is another change to how new residential property sales are treated. Purchasers will now need to withhold GST from the purchase price on behalf of the vendor, and remit it to the ATO.
Property
Subdividing your PPOR (principal place of residence) is a strategy we often get asked about. If you’re thinking about going down this path, there’s a lot to consider before making your decision.
