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All parents want to provide for their children and hopefully create wealth to leave to them and their children, too. These days, with higher property prices, many people also want to help their children financially so they can buy their first home or property investment. However, sometimes these desires outweigh practicalities, such as tax planning

Over the past decade, many Australians have invested in property via their superannuation funds. One of the reasons they do this is because they want to have control over the performance of the funds in their super. Another is it allows them to buy an investment property, when perhaps they could not have otherwise. However, to

Attention property investors: your friends at the Australian Taxation Office might be taking an a much closer look at your tax return than you will be comfortable with this year. Assistant tax commissioner Gavin Siebert said the tax office has made property rental deductions a top priority this tax time explaining that… “A random sample

It’s a sad reality that our society seems to be more litigious than in years gone by. Thankfully, we’re not in the same parlous state as America, but there is a greater chance than before that you could become involved in legal proceedings that threaten your wealth creation efforts.

There are more than two million property investors in Australia but many of them never get past owning one property.And those who manage to buy a number of investment properties often hit a growth brick wall because of lending issues or poor asset selection.

It’s a sad reality that our society seems to be more litigious than in years gone by. Thankfully, we’re not in the same parlous state as America, but there is a greater chance than before that you could become involved in legal proceedings that threaten your wealth creation efforts.

There are more than two million property investors in Australia but many of them never get past owning one property.And those who manage to buy a number of investment properties often hit a growth brick wall because of lending issues or poor asset selection.

Why is it important to understand the difference between a repair or an improvement to your investment property?   The property investor is often grappling with whether an expense is a repair or an improvement. Repair Renovate 300×1931 This is critical because a repair can be written off immediately whereas an improvement must be written