June 2014 (1)

Property Investment Tips: What's a cash-flow positive property?

By the resi financial blog team, 30 June 2014

What is a cash flow positive property?

Getting your head around real estate jargon can be difficult at the best of times. Fortunately, there is a wealth of resources available to make property investment something that's familiar rather than in need of deciphering. 

For one thing, you'll probably want to know what the best fixed interest rates are before signing on the dotted line with a lender. Understanding the pros and cons of fixed, variable and split-rate loans is an important first step as a ho ...

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Australian Capital Territory tops global wellbeing report

By the resi financial blog team, 30 June 2014

ACT tops wellbeing report

Anyone interested in finding a great place to set up shop with their family and purchase their first home should give some thought towards the Australian Capital Territory, which just made first place in the Organisation for Economic Co-operation and Development's (OECD) Regional Well-Being Report 2014. This is a great honour and highlights a number of great things about the small territory at the heart of our nation. 

In fact, the territory beat out 362 other OECD regions acr ...

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Guest Blog: Depreciation for renovations made easy

By the resi financial blog team, 30 June 2014

Tax depreciation for renovations

Understand scrapping

Scrapping refers to the removal and disposal of any potentially depreciable asset from an investment property. When worn or old assets (like carpet and hot water systems) are replaced and scrapped, the owner of the property may be entitled to claim the remaining depreciable value for the items being removed as a tax deduction in that financial year.

Get a “before renovation” tax depreciation schedule

Arranging a tax depreciation schedule before completing renovations will save you time ...

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