A kitchen is a substantial expense and careful planning can ensure you stay on budget. If you find your investment property is in need of a new kitchen there are a few things that you should know:
The majority of property investors look forward to tax time, gathering their information together as quickly as possible so they can get in to see their accountant and receive their tax refunds from their negatively geared properties, but what if I told you that you didn’t need to wait until tax time to get this money?
Late last year the Australian Taxation Office (ATO) announced its intention to acquire details of property transactions dating back to September 20, 1985. Yep, 1985! The scope and amount of information they are requesting is gigantic!
Most property investors are comfortable with residential property, having owned or rented themselves, but commercial property investment can be a little more daunting. The main reason for this is that there are so many additional factors to consider, such as GST, complicated leases and who’s responsible for the outgoings (expenses) for the property.
It's good news! Self-Managed Superannuation Fund borrowing has been given the green light to continue by the Government despite the FSI report.
Tuesday the 17th November saw a terrific turnout by Paris Financial clients to hear Martyn Rose from Morgan Stanley and Brad Straughair from Domain Property go head to head and toe to toe as they debated the respective benefits and advantages of their chosen assets – property and shares.
Both guests were very generous with their time and passionate opinions, which were possibly enhanced by the products of Daniel of Tellurian wines who conducted expert wine tasting with some generous prizes going good clients Dennis and Greg, enjoy the wine gentlemen!
So who won the debate?
Join us for an entertaining evening!