Property Management

Heavy fines, pet bidding as investors exit NSW rental market

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...

Should you furnish your rental property?

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...