depreciation: are you claiming maximum tax benefits?

Fitzpatricks - 04/03/2015

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 occurred. If the work on the investment property was carried out prior to July 18, 1985 you are not entitled to claim a …

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what’s on in Wagga Wagga this month?

Fitzpatricks - 04/03/2015

Travelling Film Festival Showcasing acclaimed and award winning titles that would otherwise not be available. When: Friday 6 to Sun 8 March 7pm Where: Forum 6 Cinemas 77 Trail Street Cost: From $10 Twilight by the Lagoon Finale Guest vocalist, Frankie J Holden joins the Australian Army Band Kapooka singing a selection of rock and roll classics. Roving performers from The Fool Factory. Bring a picnic supper …

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The best real estate apps for home buyers

Fitzpatricks - 26/02/2015

Here are our picks for the must have iPhone and Android apps when searching for property. Whether you’re a first time buyer or investor, these apps will allow you to search for your perfect property, calculate stamp duty payable on your purchase and even see how different paint swatches will look in your new home.  Domain.com.au Another popular property search tool is Domain.com.au. You can find your …

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final inspections: fair wear and tear

Fitzpatricks - 19/02/2015

Fair wear and tear occurs through normal use or is the normal changes that take place with the aging of the property. This statement is obviously open to interpretation and can often be seen as a grey area of property management. The Residential Tenancies Act states: “At the end of the tenancy, the tenant must leave the premises and inclusions, as far as possible, in …

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Two new sales team members

Fitzpatricks - 18/02/2015

We are excited to introduce two new team members to our dynamic sales department; Mel Risby joins us as a sales consultant, and Paul Fellows will be assisting Paul Gooden. This takes our sales consultants and sales support team to 15. Recently moving from Nelson Bay, Mel is looking forward to her new role at Fitzpatricks Real Estate. Mel has a passion for great customer service and …

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