The Daily Mail Online has revealed the top 10 suburbs for property price growth in Australia and Wagga Wagga is the only New South Wales city to make the list. Hotspotting’s Top 10 Best Buys report is dominated by Queensland centres such as Logan, Ipswich and the Gold Coast and by fringe suburbs of Melbourne, with Hobart and Wagga Wagga rounding out the top ten. The article states …
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In March 2016, the vacancy rate for the Riverina was 4.30%, while Fitzpatricks Real Estate achieved 3.21%. Our lower vacancy rate can be attributed to our strong online presence and strength in marketing, as well as having dedicated leasing consultants showing our properties on demand, with our inspection program providing the perfect vehicle to ensure we can deliver prompt viewing inspections to all interested tenants. Would you like …
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Many landlords don’t think about the immediate dangers of self-managing their investment property and sometimes think it is as simple as collecting the rent from their tenants. This couldn’t be further from the reality of what it takes to manage the tenancy of your investment property… Can you afford to take the risk? The immediate dangers in self-managing are leaving yourselves open to many risks …
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The recent proposal from Labor to restrict negative gearing could reignite property booms – by limiting negative gearing tax benefits to investors who buy new homes and not existing ones, this threatens to send investors buying up existing real estate before the cut-off date. All eyes will be on the outcome of this. So what exactly is “negative gearing”? It is the process of adjusting the …
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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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