Posts Tagged ‘depreciation’
Five Ways to Profit From Eco-Upgrading Your Investment Property
As the rain beats down on this Queen’s memorial public holiday, it seems a sign of things to come as we head into summer, bracing for yet another season impacted by La Nina, our third in as many years. Spare a thought for all those that flooded in 2020 and 2021. Some of them are…
Read MoreThe Commercial Property Wave of 2022
I love a surfing analogy in a headline. Hell… anything that helps up my ‘cool quotient’ after all these years as a quantity surveyor is more than welcome. So, the chance to waffle on about catching the rising swell of interest in commercial property investment suits me fine. Here’s why I say paddle hard and…
Read MoreThe Cause of Our Deepening Rental Crisis
While I’m a generally upbeat person, there are some aspects of the Australian residential investment market that are cause for concern. Worse still is that some of the struggles we see in the rental market can be remedied, but they’re founded in a common misconception about real estate investors. I think we’re in the habit…
Read MoreGet Your Assets Working Harder with an Investment Property Depreciation Report
These are tough times. As if last year’s bushfires weren’t enough, no-one could have predicted the fallout from eighteen months of a global pandemic. The reality is we still don’t know what the future holds, and it’s different for everyone. Both individuals and businesses are struggling with ongoing lockdowns and general uncertainty in the market…
Read MoreWrapping up the year with Data, Dance Floors, and Depreciation
Our year started on a high, coming off the back of a massive win for MCG. Landing a position on the Financial Review’s top 100 of fastest-growing businesses, we hit the ground running! Mike Mortlock and Mitch Ford completed their much-anticipated triathlon, with over $2k raised for Heartkids, a charity helping those affected by congenital…
Read MoreWhat you need to know about short term leasing your investment property
I’ll admit that I struggled with an appropriate title as the above one is certainly clunky, but I wanted to share some tips on how to rent your investment property out on a short-term basis, similar to an Airbnb type setup. My pet subject is depreciation, so I’m not going to let you get…
Read MoreDeductions & Depreciation for all – Why the kids are doing OK
Like any good analytical thinker, I love to hypothesise. Some think it’s a character flaw, whereas I – and those of my quantity surveying ilk – enjoy nothing more than ingesting data, extrapolating the assumptions and producing a conclusion. I was thinking about the recent federal election and the discussions put forward pre-poll day about…
Read More5 Hot tips on how to renovate your investment property – properly.
If you are renovating your investment property, make sure you get the most out of your hard toil. There are some simple choices according to MCG Quantity Surveyors, that can boost your bank balance without any extra work. Mike Mortlock, managing director of MCG Quantity Surveyors, said many renovators don’t realise their choices of fixtures,…
Read MoreMCG insights into property investor behaviour that you need to know
Since we started preparing depreciation reports for property investors back in 2011, I wanted to collect data that I thought would illuminate the property industry as to the types of acquisitions the average property investors was making. Through the course of doing what we do, we also have to ask some fairly unusual questions that…
Read MoreWhy does your split depreciation schedule not add up?
Apologies for the click bait article title, but I was at a loss as to what to call it. Let me start by saying that split depreciation schedules are fantastic. I’ve written about them before: https://www.mcgqs.com.au/blog/split-depreciation-reports-are-saving-investment-property-co-owners-thousands/) and we’ve done thousands of them. They’re a fantastic way for multiple tenants in common to see their exact…
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