The Australian Tax Office (ATO) will look closely if it knocks on your rental property door. Knowing what can and cannot be deducted as a legitimate tax expense can be a minefield when it comes to investment property. Late last year it notified tax agents of the continuing rental audit program of their clients that aims to ensure taxpayers do not over claim rental deductions. …
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Keeping a vacant property well presented and kept to exceptional cleanliness standards particularly through the Summer season, where Wagga’s market shows a dramatic incline in tenant vacation, is extremely beneficial to leasing your property to prospective tenants. When attending an inspection, our leasing consultants ensure that they present the property well – including: Taking in garbage bins Cleaning the mail box of any junk mail/ previous tenant mail …
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December is traditionally a high vacate period due to the turnover of defence and other corporate employment contracts and the completion of the education year. January and February are periods of high numbers seeking rental properties – coming in to replace the people who have posted out of the area. In December 2015, the vacancy rate for the Riverina was 4.0%, while Fitzpatricks Real Estate achieved 1.91%. We consistently achieve a …
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We consistently achieve a lower vacancy rate than the average for the region. In November 2015, the vacancy rate for the Riverina was 2.9%, while Fitzpatricks Real Estate achieved 1.22%.
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Fitzpatricks Real Estate is pleased to announce the release of the Fitzpatricks Report for the 2015 financial year. Released annually, it is the only full and comprehensive report primarily aimed at providing you with the latest Wagga Wagga market data and knowledge to help you identify where potential real estate growth exists, including comparable data from NSW and capital cities. Matt Newley, Director, commented “we have …
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