The Sydney property market has become so heated in the last five years, that it is affecting the way buyers and sellers interact. As a result, it is quite common practice for vendors to refuse an offer unless they are presented with a Section 66W Certificate, which waives the buyer’s right to a cooling-off period.
If you’ve been considering buying a property recently, no doubt you’ve had your eyes keenly glued to the evening news for budget announcements. There has been much debate, on both sides of the political spectrum, about the merits or otherwise of negative gearing.
Depreciation on Your Investment Property Most investors buy property for long term capital growth, however understanding and legally claiming deprecation on that asset, can increase your cashflow and assist to reduce your holding costs each year, which may enable you to invest in more property and grow your asset base. Like any tax benefits, these […]
Using Data to Your Advantage When Buying Property Successful property investment is equal parts science and art. In our last article, we spoke about the fundamentals of investing, including risk management, understanding property cycles and more. In this blog, we take a look at the ‘science’ aspect: The importance of data and how to […]