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Depreciation FAQ

What is depreciation? As a building gets older and items within it wear out, they depreciate in value. The Australian Taxation Office (ATO) allows property investors to claim a deduction relating to the building and fixtures it contains. Depreciation can be claimed by any owner of an income producing property. This deduction essentially reduces the […]

Buying a property with your partner

The difference between ‘Joint Tenants’ and ‘Tenants in Common’ Buying a property is an exciting time for you and your partner and is often another milestone achieved on your journey together. When it comes to the transfer documents though, do you purchase it with your partner as ‘Joint Tenants’ or as ‘Tenants in Common’ and […]

Ways to splash the extra cash from depreciation

When an investor starts claiming depreciation, they can reduce their tax liability. This is because depreciation essentially lowers their taxable income, meaning they may be able to put more money back in their pocket at tax time. For many investors, the additional savings depreciation provides them can help them to reduce their loans faster, add […]

Be careful of these depreciation mistakes this tax time

Depreciation can be a rather complex area with specific rules, qualifying dates, depreciation rates, methods for claiming and pre-determined effective lives of assets. As such, claiming depreciation deductions can be a confusing task for many property investors. For this reason, it’s imperative that investors get a depreciation specialist to prepare their tax depreciation schedule. This […]

Why buy when you can build?

Everyone dreams of having the perfect home.  One where you don’t have to renovate, to get close to what you really wanted in the first place. Increasingly, people are looking to build or buy off the plan in order to get a home that is brand new and requires no work. This is especially so for […]

First Home Buyers need to act now or miss out on $5,000

With the end of financial year fast approaching, first home buyers have less than two weeks in which to take advantage of the first home owners grant which currently sits at $20,000. What has changed? At this week’s Queensland budget, handed down on Tuesday afternoon, the government announced that as of 1 July the first […]

Our Experience with Triple Zero Property

Building wealth so we can live comfortably and enjoy life is something we all aspire to.  And investing strategically in property has long been proven to be a way to create such wealth. However, it’s knowing where to start, or understanding the risks that can sometime prevent people from delving deeper into property investment. That […]