By Emilie Lauer New state rental reforms have taken effect, with real estate agencies now facing fines of up to $71,500 per offence for non-compliance as investors continue to exit the market.NSW’s new rental laws have come into effect across the state, further pressuring the market as industry peak bodies brace for tighter rental vacancy, investor withdrawals, and increased rent bidding. READ...
Property Management
As the federal election nears, property investors are once again facing negative commentary for "cashing in" while in reality, two-thirds of Australian landlords are experiencing negative cash flow according to the Property Investment Professionals of Australia (PIPA) Annual Investor Sentiment Survey 2024. READ...
Have you considered leasing out your investment property furnished? When you furnish a rental property, the furnishings become part of the Division 40 plant and equipment assets allowing you to claim depreciation deductions for the wear and tear of the furniture over their effective lives, reducing your taxable income. READ...