Why Every Property Investor Needs A Tax Depreciation Schedule

Unfortunately too many property investors in Australia lose out tax depreciation benefits worth thousands of dollars every year. They fail to claim the legitimate investment property depreciation deductions. Not claiming the tax depreciation on your property is like not charging rent to your tenants. One of the major reason why they don’t have a depreciation schedule is simply because their accountant never asks them to get one. Maybe because even their accountant is unaware about it. So lets try to understand what a depreciation schedule is and why does an investment property owner needs it? The dictionary definition for depreciation

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Things That Real Estate Agents Need To Consider While Providing Guidance About Buying Property In Sy

Sydney besides being a major commercial hub is also one of the most populated cities of Australia and the world. With an increasing number of people willing to migrate to the city for ensuring a better career and future, the demand for real estate Sydney is definitely on the rise. Consequently, the profession of real estate agent or developer has become one of the most preferred and well paid jobs. However, in order to truly achieve success as a real estate agent, these professionals need to have a deep understanding of not only

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Mortgage Fixed Interest Rates Cheaper than Variable Rates

Due to the worsening global economic crisis, the Reserve Bank of Australia has decided to cut the standard cash rate further. This scenario leads to the decreasing percentage of home lenders who avail of mortgage with fixed interest rates. As the Europe debt situation continually affects the world market, interest rates for a 3-year mortgage deal has become lesser having an average rate of 0.6% compared to the standard variable rate which evidently is much cheaper. From the earlier months, fixed interest rates were prompted to be more expensive compared to loans with variable rates. This has created a notion

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Bi-weekly Mortgages Versus Mortgage Accelerators

Bi-weekly mortgages are a good way of saving money on a home mortgage, but a mortgage accelerator is far more effective. Mortgage accelerator systems save far more money than bi-weekly systems. Every month, most of your mortgage payment goes toward interest, and only a very small amount goes toward reducing the principal. If you could do something that would cause less of that monthly payment to go toward interest, more of it would go toward principal! Is this possible? YES! How? Use a mortgage accelerator! It’s a method that makes more of your monthly payment go toward principal. If you

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Valuable Information About Melbourne Property Market And Prices

Buying property in Australia has made headlines in the recent months as the markets are growing and the suburbs are being part of the coveted million-dollar club. Hence, property is being looked at as the best investment. Melbourne Real Estate Values 2014 seems to be a good year as there appears to be an upbeat at least in the property scenario. The Melbourne market is showing signs of recovery and an upward trend is noticed in the coming months. Prices are rising gradually but not sharply. Melbourne property prices are said to climb further up and some analysts believe that

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