Owners of income producing properties are eligible to claim tax deductions for a number of expenses involved in holding a property. Most investors are aware of some of the deductions they are entitled to; for example they know they can claim their Property Manager’s fees, council rates and any repairs and maintenance costs. However, all too often investors are unaware of property depreciation and as such they frequently miss out on the valuable returns these deductions can pr

The end of financial year is almost here, and property investors should seek expert advice on the deductions available to them. The end of financial year is almost here and with it, property investors will be readying themselves to visit their accountant to complete their annual income tax return. Every year the Australian Taxation Office (ATO) encourages property investors to be vigilant with their claims. It is therefore important for investors to seek expert advice on the

Rumours of the death of the Australian housing market are widely exaggerated,” says Craig James, Chief Economist, CommSec. Capital city home prices rose by 1.6% in the month of May to be an impressive 10.0% higher for the year, according to The CoreLogic RP Data Home Value Index. Home prices rose in seven of the eight capital cities during the month. Prices only fell in Perth, which saw a 2.7% fall. “After sluggish growth in home prices in February and March, prices posted th