Even if you use a tax agent to prepare your tax return, it is important that you keep copies of documents relating to your investment property, including: costs incurred when you purchased the property the rental income you receive expenses while owning the property, such as repairs and maintenance costs associated with selling the property You may need to keep some of these records for …
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If you’re dreaming of building your new dream home, now is the time to take advantage of the number of residential blocks available in Wagga Wagga. Fitzpatricks Real Estate is excited to announce the latest land release in Lloyd. Released this week, Lloyd Stage 5 offers 47 residential blocks ranging in size from 516 – 1163 square metres. Prices start from as low as $95,000. …
Continue readingOur Property Investment Consultants, Ben and Angela, offer insight into claiming maximum tax benefits on your investment property. When purchasing an investment property it is important to note that in some circumstances, the cost of construction, extensions, alterations or improvements may be written off as a tax deduction over a period of time, depending on when the construction or alterations
Continue readingIf you’re thinking of selling this year but waiting for the Spring Market to arrive like everyone else, maybe you should reconsider your options and consider selling over winter when you have far less competition. With the cooler weather now upon us, traditionally this has been a slower period for selling your home. Sellers realising pricing is set by supply and demand so if supply …
Continue readingWith winter fast approaching, here are some tips to help you make the most of your wood heater during the colder months. Wood heaters and flues must be installed by a licensed mechanical services plumber Regular servicing will improve efficiency and can reduce the risk of a house fire by removing creosote, a highly combustible tar-like material that can accumulate and block the flue
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