Investing in property is an effective way to build wealth & plan for your retirement. Here are five benefits:
It's important to note that investing in property is not without risk and it's important to do your own research, consider your own financial situation and consult a qualified professional before making any investment decision.
How can we help?
We have extensive experience personally investing in property all over Australia. Our main guidance will be to:
a) Maximise your borrowing capacity to help grow your portfolio
b) Structure your investment loans in a tax effective way to ensure maximum benefit is gained.
c) Achieve the lowest interest rates possible to reduce the ongoing costs of your investment, making for a stronger cash flow & hence a better investment.
d) Work hand in hand with your accountant, with our in depth understanding of the tax system in relation to property investment.
Feel free to book a time to chat with our expert advisors if you don't find the answer to your question below.
Yes. If you have equity built up in your current home, banks will allow you to take out a loan up to 80% of your property value to utilise for a deposit on an investment property (providing your borrowing capacity permits). This is a great way to buy an investment property WITHOUT having to use any of your own savings.
Yes. All we generally need is an appraisal from a licensed real estate agent confirming the potential rental income.
Negative gearing is a tax strategy used in Australia that allows investors to offset any losses they incur on a rental property against their taxable income. This means that if the rental income from a property is less than the expenses associated with owning and maintaining it (such as mortgage interest, property taxes, and repairs), the investor can claim the difference as a tax deduction. This can reduce the investor's overall taxable income and lower the amount of tax they owe. Negative gearing is most commonly used in relation to rental properties, but it can also apply to other types of investments.
**Important - we are NOT qualified to provide tax advice. Any information provided is general in nature & we recommend you confirm with an accountant prior to any decision making.