investors

First Home Assistance and Concessions

Fitzpatricks - 30/05/2019

To help improve housing affordability in NSW, the NSW Government  implemented a package to assist first home buyers getting into the market. This package offers first home buyers stamp duty exemptions and reductions as well as grants for those building or buying new homes. First home buyers will be eligible for: No payment of stamp duty for homes valued up to $650,000 Reduction in stamp duty …

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Suburb Spotlight: Turvey Park

Fitzpatricks - 20/03/2018

Geographically Wagga’s most central area, Turvey Park is well known for its wide, tree lined streetscapes and old Californian Bungalows in traditional red brick. Officially added to the municipality of Wagga Wagga in 1939, the suburb was named after the property “Turvey Park” established by Thomas Turvey (who died 14 January 1889), a licensee and store owner. A large family vault on the property was moved to …

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Tax Time

Fitzpatricks - 29/06/2017

With tax time upon us, it’s important to understand what you can claim in order to get the full deductions you are entitled to in regards to your investment property. Here is a list of items you can potentially claim as deductions on your tax return:

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Five Depreciation Points Every Investor Should Know

Fitzpatricks - 20/04/2017

Any owner of an income-producing investment property is eligible for significant taxation benefits. Despite this fact, according to the Chief Executive Officer of BMT Tax Depreciation, Bradley Beer, 80 percent of property investors are failing to take advantage of property depreciation and are therefore missing out on thousands of dollars in their pockets. “Property investors often assume they are ineligible or that it is not …

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