Digital Antenna Changeover Update For Landlords and Tenants
As you are probably aware, by the end of this year, Analog TV signals will be switched off around Australia. This means that Australian TV will be broadcast using digital-only signals and to access this, your property will need to be digital ready or their tenants will lose their access to free-to-air TV. If […]
Got Mould In Your Property? Find Out How To Remove It Yourself
Got mould in your property? Here is a step by step guide on how to professionally remove it for good! Mould detection in your property is usually by one of two means; visual or smell. It occurs due to moisture problems and poor ventilation and is detected as a musty smell or on first appearance a speckling of […]
Snapshot Of The Australian Real Estate Market
Looking at the real estate market from the buyer’s point of view is a very important key to understanding the market. I came across a snapshot of the real estate market from a buyer’s point of view info graphic the other day and found it quite interesting. The info graphic shows that first home buyers are out […]
How To Maximise Future Tax Deductions When Renovating
Renovate and prosper With shows such as ‘The Block’ and ‘House Rules’ inspiring a wave of renovators, many property investors have considered whether they too should do some renovation work to their investment property. Though investors know completing a renovation will add value to their property and possibly even increase the weekly rental value, they […]
Things that make you go Hmmmm — NSW Stamp Duty
One of those things that make us all think Hmmm is NSW Stamp Duty. Particularly the duty that is levied on our residential property. Our transfer of stamp duty is based upon a progressive tax system where cheaper properties incur a lower rate of tax and more expensive properties incur a higher rate of tax. Some […]
Have Fixed Rates Hit The Bottom Of The Cycle?
I have noticed an interesting pattern in one of the recent interest rate charts. This is slightly dangerous territory because the past is obviously not a prediction of future rate directions. However, this pattern does seem to apply at least since the beginning of 2009 (when this data series commenced). The 3 year fixed rate […]
Property Bubble Crew Hit The Media With Predicting A Crash?
Every time Sydney house prices increase the property bubble crew hit the media with negative headlines predicting a crash. These doomsayers may very well be right., however, we feel that there are five key trends that destroy their current predictions: 1. The median Sydney residential dwelling price has increased at an average rate of just over […]
How To Increase Depreciation Deductions for Co-ownership Property
Over half of the depreciation schedules created are for properties that have been purchased by more than one owner. Last year, just over half of the depreciation schedules completed by BMT Tax Depreciation for investors, were for properties that had been purchased by more than one owner. It’s not surprising that property co-ownership is becoming popular in and […]
Alert Scam Letters “Non-resident landlord scheme”
Alert to Property Managers regarding scam letter headed “Non-resident landlord scheme” Application to receive Australia rental income without deduction of Australia tax We wanted to inform and warn you of a scam which is currently being faxed to Real Estate Agents and landlords. See letter below. It is in the form of a fax/letter apparently from The […]
Sydney house prices are depressing.….. (part 2)
1. Life style. How you want to live? House or shoe box? Some people have said “Embrace apartment living. The time of affordable detached houses is over. I would definitely live in a shoe box with my wifey and some cats,” but others say “I want a garden and a chook run Not sure I’d be […]
Tribunal Concerning Lucretia Road Seven Hills NSW 2147 Australia
NSW Civil and Administrative Tribunal (NCAT) NOTICE OF ORDER julie@elderstoongabbie.com.au File No: RT 12/45196 (Quote in all enquiries) Application to the Tribunal concerning Lucretia Road Seven Hills NSW 2147 Australia Applicant Mr WU Respondent Name withheld On 02-Oct-2012 the following orders were made: 1. The tenant is to pay the landlord, Mr WU, C/- Elders […]