by James Carey | Dec 11, 2017 | Individual Tax, Property & Investment
Last month the Senate passed the Treasury Laws Amendment (Housing Tax Integrity) Bill 2017, with which came changes to depreciation for existing residential properties purchased after 9 May 2017. The purpose of the amendment is to stop owners and investors claiming...
by James Carey | Dec 5, 2017 | Individual Tax, Property & Investment
Australia has followed the international trend of penalising foreign owners of Australian residential property who keep their property vacant for extended periods of time. Last month Parliament approved legislation that imposes an annual vacancy fee on foreign owners...
by James Carey | Nov 30, 2017 | Individual Tax, Property & Investment
Many clients presume that when they renovate their gains will be exempt from tax, so long as the property being renovated is their main residence. This is not always the case. We’ve summarised the ATO’s guide to property development, building and renovating, and...
by admin | Feb 16, 2017 | Business Services & Advice, Coaching and Consulting, Property & Investment
The time arrives in most small businesses when you’re required to go borrow some money. It’s in your best interest to make your business as attractive as possible before presenting yourself to the lender. The good news is that if you know what the lender is looking...
by James Carey | Feb 16, 2016 | Property & Investment
If you’ve frequently been asking yourself if it’s the right time to buy a home, there are several things to first consider. Three things to think about are the current market conditions, the interest rates, and the amount of available housing. Current...
