Families pooling funds and buying together
With affordability at its lowest level on record, first-home buyers have to think outside the square.
The home-ownership dream rarely used to feature a sibling in your bathtub and a parent on your certificate of title. These days though, first-home buyers are prepared to be flexible.
Housing affordability fell to record lows in the March quarter this [...]
Tax hurdles tripping up property investors
INVESTORS own around two million homes in Australia and every year thousands claim deductions they’re not entitled to and fall foul of the Australian Taxation Office.
The result can be a kind warning or a significant fine and large interest bill.
The tax office says its investors’ responsibility to get their tax returns right and they [...]
You can profit from the next property boom!!
Property investors should be planning ahead to take advantage of the next upturn in the property cycle, that’s according to quantity surveying firm Asset Economics.
“Property booms never last but neither do property busts.”
To take advantage of the next boom, investors need to ensure they’re buying for long-term capital growth and also take in account [...]