Seven Hills Real Estate and news for the local area

This blog is here to give you first hand local information about real estate and local issues in the areas of Seven Hills with a special focus on Toongabbie and Kings Langley.

Don’t forget to depreciate when you update

One of the most investor com­mon enquir­ies received by spe­cial­ist Quant­ity Sur­vey­ors is the ques­tion ‘what hap­pens to the depre­ci­ation deduc­tions that can be claimed if you decide to remove an asset and replace it with a new one?’ There are a couple of rules and recom­mend­a­tions a renov­at­ing for profit investor must fol­low to ensure […]


Mortgage Update — The Investor Market Is In For A Shock

Keep your eyes on the ball! Whether the sport is cricket, soc­cer, rugby, ten­nis, Aus­sie rules or any other ball sport, keep­ing your eyes on the ball is of utmost import­ance. The same concept applies to home loan interest rates. The second you take your eyes off your home loan you could find your­self mak­ing a […]


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 […]


Are You Missing Out On $5,000 Worth Of Investment Property Negative Gearing Deductions?

We have many own­ers ask us about what invest­ment prop­erty neg­at­ive gear­ing deduc­tions they can claim. Well The Aus­tralian Tax Office (ATO) has cla­ri­fied neg­at­ive gear­ing for rental prop­er­ties as tens of thou­sands of Aus­tralian prop­erty investors sub­mit their annual tax returns. Accord­ing to the ATO, when investors com­plete their tax return for the rel­ev­ant year, they may […]


Why Landlords Should Not Try To Save Money On Property Insurance!

Being a land­lord can be an extremely prof­it­able busi­ness but without the right plan­ning it can also become very costly. TWO people had to be res­cued from a car after it smashed into house in Sydney’s west­ern sub­urbs Wed­nes­day after­noon. As a land­lord everything is fine fin­an­cially whilst you have ten­ants in a prop­erty but […]


4 Ways To Make Property Profits in Sydney’s West

There are 4 ways to make money out of prop­erty invest­ments in Sydney’s West and most of the time they only look at one or two of these. Let’s look at them.…     1. Pass­ive Appre­ci­ation That’s when the prop­erty value goes up in line with the gen­eral prop­erty mar­ket and over time well loc­ated prop­er­ties in Aus­tralia in good […]


9 Steps To Successful PROPERTY INVESTING In Seven Hills NSW

PROPERTY INVESTING Where do I start? A com­mon ques­tion asked by all people who have heard about prop­erty invest­ing and under­stand that it is an avenue for wealth cre­ation but are not quite sure what or how to buy a prop­erty. 1. Decide what sort of investor you wish to become. Do you want to […]


Maximising Your Rental Potential, Top 4 Tips From An Investment Property Manager!

  Tip 1: Make The Most Of The Time You Have In Between Ten­ants Make the most of the time you have in between ten­ants.  When your invest­ment prop­erty in Seven Hills NSW is vacant this is an ideal time to attend to the main­ten­ance items which you have not had the chance pre­vi­ously to […]


SPRING CLEANING YOUR PROPERTY PORTFOLIO

Once a year all prudent investors should pull out the invest­ment scrap­book, clean off the dust and ensure that everything is as it should be. We’ve included the fol­low­ing tips of our own and also as read in an art­icle by Mar­garet Thomas found recently.   Here are a few tips as to what you […]


Rental Reductions Under A Microscope

CPA Aus­tralia has advised Australia’s 1.5 mil­lion tax­pay­ers who own rental prop­er­ties that the Aus­tralian Tax­a­tion Office will be increas­ingly vigil­ant in audit­ing rental deduc­tions as rental losses to grow. The Aus­tralian Tax­a­tion Office plans to exam­ine 6,000 at-risk cases as well as unusual pat­terns of rental claims. Last year, the Aus­tralian Tax­a­tion Office sent out […]


BECOMING REAL ESTATE DEPRECIATION WISE

In terms of depre­ci­ation, what should you con­sider when mak­ing an invest­ment prop­erty pur­chase decision? If you are look­ing to pur­chase an invest­ment prop­erty, it is worth­while ask­ing your­self a num­ber of ques­tions. While many investors con­sider loc­a­tion, pur­chase price and ten­ant­ing abil­ity when con­tem­plat­ing an invest­ment prop­erty pur­chase, they often over­look depre­ci­ation as an […]

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