Posts Tagged ‘Development’
What 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 MoreWhat you need to know – Tax depreciation effective lives 2018/2019 – TR 2018/4
From the 1st of July 2018, new effective life rulings have been in affect that govern how plant and equipment assets are depreciated. The new ruling is TR 2018/4 and replaces TR 2017/2 (I don’t know how they come up with such whacky names). If you happen to be in any of the following industries,…
Read MoreThe recent regulatory changes and the state of the Property Market
The January CoreLogic figures have shown that capital city dwelling values have posted their first quarterly fall since April 2016. The peak of the market was called as far back as 2016, but now we’re seeing the evidence some two years later. On a positive note, the combined regionals edged slightly higher over the Dec-17…
Read MoreHow common property assets can supercharge your upfront deductions
Most investors would be aware that if you own a unit within a complex, you’ll have an entitlement to claim over the common property assets based on your share of ownership. This percentage share is commonly referred to as a unit entitlement and can be found on your strata plan or plan of subdivision. You’ll…
Read MoreOur predictions – Property Market Scorecard for 2017 and 2018
What a year property has had in 2017. We’ve seen some double-digit growth in major capital city markets and a big move from APRA in the investor lending space. We’ve also written extensively about changes to depreciation. There’s also been plenty of debate about foreign investors and housing affordability. So, what did the numbers show…
Read MoreTimely reminder to home owners – Watersun Homes Collapses
The headlines are reading, ‘Home builder goes under, Thousands lost, Hundreds of home owners left out of pocket’. The reality is that we have all read these headlines before and unfortunately, these brutal words will continue to feature from time to time within the construction landscape. Building your home is a personal thing, whether it…
Read MoreThe Melbourne Residences – Rippling Facades and Ripping Deductions
If there’s one thing we love, it’s repeat clients. Obviously, it’s great to do another schedule and that they trust us as the depreciation experts, but what excites us more is that our investor clients and building their portfolio and hopefully dramatically changing their retirement lifestyle in the process. This repeat client bought a unit…
Read More181 Fitzroy Street, St Kilda – Super depreciation, and a pool to die for.
The view from St Kilda back to the CBD over Albert park is not often showcased, but it’s a spectacular one. Taking full advantage of this is the new development at 181 Fitzroy Street St Kilda. This retail/residential mixed use building comprises 46 two bedroom and 68 one bedroom apartments over nine levels. As described…
Read MoreCase Study – Ikebana luxury apartments, 130 Dudley St, West Melbourne VIC
It’s not terribly often we have a case study with a strong Japanese influence, let alone such a rich and detailed effort to showcase the majesty of the architecture. The word Ikebana translates as the Japanese art of flower arrangement and is an apt name for this stunning new development. Ikebana luxury residences comprise of 248…
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