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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.”

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.

Purchasing a property with a loved one can be a great way to enter to the property market, but taking on such a large financial responsibility with someone else does come with risks.

This article will discuss some of the pros and cons you need to consider before you both sign your names on the purchase contract.

On the one hand, buying with another person gives you more options when you’re finding a property. As the old saying goes, 2 hands are better than one. On the other hand, life happens. You are effectively signing up for the loved one’s portion of the debt if they can’t pay it.