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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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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Buying an investment property continues to be one of Australia’s favourite ways to invest. An investment property should be about increasing your wealth and securing your financial future. There is however, a common misconception that property investing always delivers positive returns, while this is true most of the time it certainly isn’t an instant road to riches. You need to keep in mind that how …
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We consistently achieve a lower vacancy rate than the average for the region. In September 2015, the vacancy rate for the Riverina was 2.4%, while Fitzpatricks Real Estate achieved 0.87%.
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We consistently achieve a lower vacancy rate than the average for the region. In July, the vacancy rate for the Riverina is 2.6%, while Fitzpatricks Real Estate achieved 1.55%.
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