[Video] How To Use Your Equity To Buy Investment Property

Property investment

Using the savings in the offset account associated with your home loan to fund your new purchase will cause you to pay more interest on your home loan which is not tax deductible.

This blog post will show you how to use the equity or ownership stake you’ve accumulated in your home to invest in more property in a tax effective manner.

So, what Is equity? Equity refers to the difference between your home’s current value and the outstanding amount you owe the bank.

This is the amount you own outright of your property

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[Video] Why You Should Get an Investment Property Depreciation Schedule

Home builders

An investment property depreciation schedule is among the most beneficial but underused tools available for property investors to maximise their tax returns. All property investors want to pay less tax, yet 70% of investors don’t benefit from tax depreciation deductions because they don’t order an investment property depreciation schedule. 

The video in this post has our Lead Mortgage Broker, Liz Zaki discusses the issue with Tuan Duong from Duo Tax, Australia’s most reviewed and highly-rated Quantity Surveyors.

We will guide you through what you need to know about ordering an investment property depreciation schedule including a brief introduction to property tax depreciation, the benefits of a tax depreciation schedule, what it includes as well as how you can get your hands on one.

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[Video] What To Look Out For When Buying Property Off The Plan

Home Improvement Plan

The rise of new apartment developments in our cities provides greater opportunities for potential homeowners to buy off the plan. Lock in your purchase at today’s prices and pay once the property is built in the future.

There are benefits to this, but also a number of issues to be mindful of. In this article, we will look at some of the things to consider when buying property off the plan.

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10 Finance Tips For Property Investors

SMSF

More and more Australians are building wealth through the property. According to the Australian Taxation Office (ATO), there are over 1.7 million property investors in Australia. Just over 25% of these investors own more than one investment property.

The largest group of property investors are not high income earners as many may assume. The vast majority fall into the $30,000 to $75,000 p.a. income bracket.

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How To Negotiate With Real Estate Agents

Real Estate Agents

When you deal with property transactions, you will be dealing with Real Estate Agents. This article will show you how to make real estate transaction go as smooth as possible.

The first thing to note is that the Real Estate Agent does not represent you, the Buyer – they represent the Vendor. It is in their best interest to ensure the Vendor gets the highest price possible because:
– Agents are usually paid a commission on the sale of the property
– Extracting the highest price from the Buyer, allows the Agent to attract more customers in future

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Increasing The Value Of Your Property

Unlocking the Value of your property

Most home owners would like to increase the value of their property at some point in time. Whether you are thinking about selling or increasing the equity in your home; Corissa from Refurb2Invest can help to increase the value of your property.

Refurb2Invest is a team of renovation consultants who have successfully helped more than 130 families across Sydney to increase the value of their property. Most importantly, their main aim is to get you higher profits.

The first 20 OneSite Finance Clients to contact Refurb2Invest will receive a FREE Property Audit, valued at $660!

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Live In Your House Or Move Out During A Renovation?

Home Renovations

Is it time for a renovation? Have you thought about whether you will continue to live in your house or move out during the renovation process? It is a good idea to list down the pros and cons before making a decision.

Live In Your House Or Move Out? Advantages Of Staying In Your Home
It’s nice to think there won’t be too many changes and disruptions during a home renovation, but what are the real advantages of renovating and being able to live in your house in the middle of a renovation?

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9 Tips For Choosing An Investment Property

Investment Property

Are you considering buying a residential investment property? You need to consider a few key points before making your offer.

We’ve got 9 tips to help you in choosing an investment property. What to do and what to avoid in order to steer clear of any potential difficulties and ensure success in your next investment purchase.

The process starts with knowing your goal. When choosing an investment property, it is vital that you understand your financial objectives. The financial elements should be your key focus to purchasing an investment property, rather than the actual property itself. You will need to decide first on what your investment goal is, AND THEN create a plan to achieve it within a realistic time frame.

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Budget 2018 – Changes For Property Buyers And Sellers

The 2018 Budget will bring many changes for property buyers and sellers. Some of the new changes tabled in the May Budget will likely have an indirect effect on both the residential and commercial property sectors.

The Budget will more than likely mean that interest rates will not be an issue, as the President of the Real Estate Institute of Australia Malcolm Gunning says: “This expected interest rate stability comes at a time when housing prices in some of our major cities are showing signs of easing, leading to improved affordability for first homebuyers.”

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Rental Properties and Tax

House drawing on chalkboard

Do you have one or more rental properties?

Are you thinking of purchasing an investment property now that the heat is starting to come out of the market?

Are you, like a lot of people in Sydney trying get on the property ladder by buying your first property as an investment then converting it to your main residence later on?

The ATO has changed some of the rules around what you can and can not claim as tax a deduction when it comes to the expenses incurred when you purchase and own a rental property.

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