23 June 2015

How Astute First Home Buyers can use Tax Depreciation Benefits to more Easily Purchase their First Property

A Tax Depreciation blog by .

A major focus of the media recently has been on the plight of first home buyers who have been squeezed out of the property market by surging property prices especially in Sydney and Melbourne.

16 June 2015

Why Property Investors need to focus on the 'Hidden Taxes' of Owning Property

A Tax Depreciation blog by Paul Bennion.

Most people when they decide to buy an investment property only look at the headline costs of the purchase i.e. the price of the home and mortgage repayments. However, there are significant ongoing costs associated with owning an investment property such as property related taxes annually levelled by the State and Local Governments.

first time Investors
10 June 2015

Seven Deadly sins made by first time Investors

A Property blog by Paul Bennion.

The concept of ‘The Seven Deadly Sins’ was historically been popularised in Dante Alighieri’s “Divine Comedy” and more recently in the Hollywood movie SEVEN.

02 June 2015

What Is A Tax Depreciation Schedule?

A Tax Depreciation blog by Paul Bennion.

With tax time fast approaching, property investors throughout Australia should focus on claiming their full tax depreciation benefits through obtaining a tax depreciation schedule.

25 May 2015

Melbourne Residents Spending over $150 Million every month on home Renovations

A Property blog by Paul Bennion.

The growing popularity of home renovations in Melbourne is highlighted by the latest ABS figures on building approvals which show that during the first nine months of this financial year Melbourne residents spent $1.39 billion on home renovations.  

18 May 2015

Federal Budget Highlights surge in Personal tax Collection

A Tax Depreciation blog by Paul Bennion.

Figures show that the recent Federal Budget was predicated on collecting even higher levels of personal tax over the coming years from Australians workers.

Property Investors Depreciation
13 May 2015

Lending to Property Investors Jumps by over 1 Billion

A Property blog by Paul Bennion.

It has been very well publicised over recent months that property investors are now very active in the Australian property market due to rising property prices and future expectations of capital growth. 

home Renovations depreciation
11 May 2015

Australians Spending over $100 million every week on home Renovations

A Property blog by Paul Bennion.

During the first two months of 2015, Australians spent $1 billion on home renovations or more than $100 million every week. 

04 May 2015

Five Simple Tax Deduction Taxpayers Overlook

A Tax Depreciation blog by Paul Bennion.

Individual Australian property investors are potentially missing out on thousands of dollars in potential tax deductions each year by not claiming their full tax depreciation entitlements. 

Negative gearing and depreciation benefits reduce tax and generate wealth
27 April 2015

2 Million Reasons To Keep Negative Gearing

A Property blog by Paul Bennion.

Figures produced by the Australian Bureau of Statistics reveals that during the 2011/2012 financial year nearly 2 million taxpayers in Australia owned investment properties.Many of these taxpayers are middle to higher income earners who use negative gearing and depreciation benefits to reduce their tax and generate wealth through property investment.