As property investors, we all want to maximise our tax return refund on our investment properties. Most of you may already be claiming depreciation but what you might not know is that there are some simple strategies you can use to supercharge your depreciation deductions. Our mortgage clients have used depreciation deductions to boost their rental deductions – some up to the tune of $10-20k ...
The Negative Gearing and Housing Affordability Debate, Where Do You Stand?
Negative gearing seems to be getting a lot of attention recently and especially in the lead-up to the Federal Election. Is it increasing the gap between the “rich” and the “poor” or Does it actually help average Australians save for their future? Is it good or is it bad for housing and rental affordability? In this post, I'm going to work through the arguments for and against negative gearing ...
9 Income Sources That Could Boost Your Borrowing Power
How To Borrow More Money Using Other Income Sources 点击这里阅读中文翻译 Whether you’re planning to buy your first home or investment property, or just want to upgrade to a larger dwelling, when you need to maximise your borrowing capacity it's important to consider all your income sources. Banks and other lenders assess your supplementary income streams quite differently to your base salary. And each bank ...
Review And Restructure Your Loan(s) for Long Term Investment Success
The Danger of 'Set and Forget' Approach to Your Loan(s)! Many property owners and especially homeowners take a ‘set-and-forget’ approach to their mortgage. This approach can potentially cost you thousands, if not tens of thousands of dollars! Because interest rate goes up and down; banks change their loan products and conditions from time to time; and your circumstances change over time as well. The ...