The time has come: you’re ready to begin growing your wealth and now you have to decide whether you should invest in a concrete asset like property or embrace the flexibility of shares. Sound familiar? Don’t worry, we’re here to help. That’s exactly why we created this guide on the pros and cons of investing …
Breaking the rent cycle and saving enough to purchase a home of their very own is a financial goal on the agenda of many everyday Australians. But with housing prices steadily increasing across Australia’s major cities, achieving that dream can begin to feel impossible. But, it doesn’t have to. In fact, this 6-step guide is …
6 Steps To Break The Rent Cycle and Land Your Dream Home Read More »
Under Corporation Act 2001 (Cth), Cryptocurrency is categorised as a financial product. If you’ve bought, sold, or traded any goods in cryptocurrency you have a tax obligation to retain the record. Cryptocurrencies are also known as virtual currencies or digital currencies. There are many different types of cryptocurrency such as Bitcoin, Tether, Ether, and so …
The vast majority of property investors pay Capital Gains Tax (CGT) on a rental property when they sell, or dispose, of it. So it’s important to understand what is CGT and how it is calculated. In this post, we will find out: WHAT IS THE CAPITAL GAINS TAX? HOW MUCH IS IS THE CAPITAL GAINS …
What to know about Capital Gains Tax (CGT) and How to Calculate It. Read More »
Why invest in property for retirement income? After you retire, you need a plan to generate income. As per the Australian Bureau of Statistics, only about 10% of Aussies who retired from the labor force will earn $1,500 or more every week. It is essential to plan how you will supplement your retirement income via …
Do You Want to Retire in Comfort? Investing in Property then Read More »
The changes mean owners of any property not bought brand new will no longer be able to depreciate items like air-conditioners, cooktops and dishwashers, or shared equipment such as lifts and gyms in apartment complexes.