Renovating your investment home for best results So, you have just purchased an investment property or maybe your tenants have vacated and your property needs a refresh? Renovating can be expensive and there can be many pitfalls. You want to make sure you get as much value for your dollar as you can, so read on for smart and money-wise
Melbourne winter being confined to our homes, we are now getting to the other side – where we are close to coming out of lockdown. We are finally able to greet spring with some positivity and hope on the horizon. Here are some ways we can herald in the new season. Open all windows and let the fresh air rush
Health and happiness while at home During this Melbourne lockdown, it is easy to let our health and wellness slide. That extra serving of ice-cream, an all-night (or day) binge on Netflix, or spending hours idly scrolling through social media can be a welcome distraction from the strains and boredom of isolation. But if we prioritise our health we can
Buying an affordable first home in Melbourne’s east Home ownership: two words that come with an equal mix of excitement and anxiety. Let’s be honest, there’s a lot of pleasure to be derived from thoughts of how you might decorate a property, the social gatherings you could have there, and the memories you’re hoping to make. But the reality is
Stage 4 Restrictions This week, Melbourne’s real estate industry has again transformed itself, moving to a new mode of operation based on the guidelines defined as part of the COVID-19 Stage 4 restrictions. This transition to these has been rapid, and there is potential that these parameters will evolve over time, however, here’s what things look like for the moment.
Depreciation is the second biggest tax deduction available for property investors. However, 80 per cent of investors are failing to take full advantage of it. Property depreciation is the wear and tear of a building and its assets over time. Owners of income-producing properties can claim this depreciation as a tax deduction. A tax depreciation schedule prepared by a specialist
We have been blessed with some lovely sunshine and fine days during the winter season this year, so getting out into our garden has been a pleasure for some people. For those who are not so savvy, I’ve compiled some top tips to improve the look of your garden without having to spend a fortune. Second hand materials The most
Money doesn’t grow on trees, but there is a way that property investors can boost cash flow without spending any. Property depreciation is the natural wear and tear of a building and its assets over time. Owners of income-producing properties can claim depreciation as a tax deduction, and they don’t need to spend any money in order to claim it.
As we commence another lockdown, it’s reassuring to know that not everything stops. While family gatherings and birthday parties are paused, life goes on. Our social lives mightn’t be as healthy, but one area that continues to prosper is the property market. The saying goes that a picture is worth a thousand words, and this couldn’t be more true as
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