As well as paying the price tag for a property, there are a few other costs you’ll need to factor into your budget. Here are the main ones: Stamp duty Stamp duty is unfortunately a necessary tax levied on all properties by the NSW Government. For an investment property, you may have to pay a.
A picture tells a thousand words according to the saying, and this is never truer when it comes to property pictures. Whether it’s in an agent’s window or in an online advert, images are what will draw prospective buyers to the listing and make them want to see more. You can have the best property.
Some say, once you have bought a property for an investment, you should never sell it. However, like everything in property investment, or any other types of investing for that matter, there is no hard and fast rule. When to sell an investment property will vary according to goals, and of course, personal circumstances. People.
We’ve been enjoying record low interest rates for years now. Indeed, many investors on variable rates have probably benefited from some of the drops in interest rates by having more money in their back pocket. Interest payments made on a loan are tax deductible, so for some, depending on how the property is geared, the.
No matter how strong the real estate market is going, we will always see doom and gloom in the media. Sydney’s market has slowed, but the reality is, two hours up the road, in our area the housing market is still going ahead in leaps and bounds. Our area is great; it offers a diverse.
More people are wanting to take control and be more involved with their retirement planning which is probably why self-managed superannuation funds (SMSFs) are increasing in popularity. In fact according to the Australian Prudential Regulation Authority (APRA), and the Australian Taxation Office (ATO), there are nearly 600,000 self-managed super funds (SMSFs), managing $696.7 billion in.
With one couple walking away with nearly half a million dollars and bidding on another property slow to take off, the final episode of Channel Nine’s The Block did show some of the highs and lows of selling at auction. There are many reasons why people decide to sell their property at an auction; you.
You’ve read the book, the articles, and religiously checked the property listings websites. However, you’ve still yet to get away from the research stage and take the step to physically buying your investment property. We’ve heard so many people say ‘I’m going to buy an investment property’, but the reality is, it just doesn’t.