The depreciation of your investment property can help your bottom line at tax time. Seasoned property investors are well aware of this, with many even taking it into account before purchasing investment properties. But using property depreciation to increase your tax return isn’t a trick exclusively for the pros. It can be done quite simply via a depreciation schedule. Generally,
Consider the potential of every centimetre of space in your home and you’ll not only transform your abode from an under-utilised property to an ultra-efficient one, your well-ordered home will appeal to possible buyers who are looking for a calm and organised place they can move straight into. Here’s some useful hints and tips for making those awkward areas in
The fact that kitchens sell houses isn’t lost on The Block contestants this week, with the teams pulling out all the stops to produce on-trend and family friendly spaces. Renovating your kitchen is a major expense and a project that deserves careful planning. So what are the latest kitchen trends you should be looking to incorporate into your kitchen? Derek De Betta
Does size matter? When it comes to master bedroom renovations, the answer is a resounding yes! Master bedrooms are increasingly being seen as a sanctuary away from the chaos of the rest of the house, an ‘adults only’ zone where parents can relax, and a calm space for deep, rejuvenating sleep. To achieve a true sanctuary, a master bedroom needs
There’s lots to love about living in the eastern suburbs of Melbourne, here’s just a few. Growing café culture Travel through any eastern suburb of Melbourne and you’ll be spoiled for choice when it comes to finding a place worthy of stopping to get your caffeine fix or tantalise your tastebuds. Within this growing medley of café’s there’s a sub-culture
A property appraisal is an estimate of the price you may get for you home when selling privately or via auction. Real estate agents offer this service free of charge, allowing you the flexibility to obtain a second or third opinion. A property’s appraisal value is influenced by recent sales of similar properties in the same area and by current
The living and dining space of any home is incredibly important to potential buyers as it’s the area where they will imagine themselves preparing for the day ahead or spending most of their family time. So creating a welcoming, cohesive and practical room is key to achieving a successful house sale. The secret is to give the room a strong
Whether you need a simple spot for the family laptop or you’re after a dedicated home office area, you may be surprised at the untapped spaces within your home that can offer a useful and practical study place. From an alcove in your living space to a nifty nook under the stairs, take inspiration from these clever ideas and create
Every end of financial year, property investors are able to claim a variety of deductions and tax benefits for out-of-pocket expenses and losses associated with residential investment property. Property investors must be extremely careful in ensuring they understand what can and can’t be claimed. Concerns about housing supply and affordability have prompted new measures in government policy and extra attention
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