Insider Tips to Help You Discover How to Succeed with Commercial Property
SEVERAL PEOPLE have asked how to pay less tax on on their investment properties. Therefore, we’ve put together a list of our best 7 tips to help you save money at tax time.
While a property is rented, available for rent or in the process of being built for rent, loan interest is tax deductible?– even if it is still at planning stage.
This includes the interest you pay on money you use to purchase or improve the property. [Read more…]
THE AUSTRALIAN Taxation Office (ATO) allows investors to choose between two alternative methods of claiming depreciation on plant and equipment assets. The diminishing value and the prime cost methods of depreciation.
When you make a depreciation claim, you can only choose one of these methods. It is important for you to understand how your choice will affect your investment returns. [Read more…]
THE END OF FINANCIAL YEAR may have come and gone but there is still time for commercial property owners to arrange a tax depreciation schedule. You could claim thousands of dollars in depreciation deductions.
Australian Taxation Office (ATO) legislation permits the owner of any income-producing property to claim depreciation in two ways:
COMMERCIAL BUILDING OWNERS remain unaware of the taxation benefits their property can generate. One of the most beneficial, yet often missed, deductions is building depreciation. [Read more…]
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ONE QUESTION often asked by inexperienced investors is whether or not you can manage your own Commercial property.
And clearly, the short answer is “Yes” … if you know what you doing.
However, owning a Commercial property means that you do have certain legal responsibilities. And among them are your property’s compliance with the various Essential Services requirements, under current Building Regulations. [Read more…]
IN THE FIRST Part of this series you discovered the first two tips to help you maximise the depreciation deductions that you can claim on your Commercial property.
Tax time is nearly here, take a look at the next four tips to make sure that you are claiming what you are entitled to. And not throwing money away. [Read more…]
ARE YOU maximising your Commercial property depreciation deductions this financial year?
Tax time is approaching quickly and you are probably preparing to visit your Accountant to complete your annual income tax assessment. [Read more…]
LAST WEEK, I covered the reasons why it can be very difficult for asset-rich investors (who are no longer working or have scaled down their working) to get a loan.
Thankfully to date, the NCCP regulations do not apply to loans acquired for a commercial and business use.
Therefore, you have more options for investing using commercial borrowing, then you do for residential borrowing. The following tips will help you maintain your eligibility to borrow for longer, after stopping work. [Read more…]
YOU’VE WORKED HARD your whole life; and had a successful career. You have used your money wisely, and your investments have been mostly successful.
As a result you have built up a solid asset base with a number of properties, which are positively geared and provide you with reliable rental income.
It is now time to enjoy life, scale down your workload, travel and do the things you always wanted to do.
You stumble upon the perfect Commercial property opportunity that will provide you with enough rental income to have the lifestyle that you want. [Read more…]
IN PART1, we considered assignment in the context of where the lease prohibits assignment absolutely or where the tenant cannot assign without the landlord’s consent (to be withheld in its absolute discretion).
This article considers assignment when the landlord cannot unreasonably withhold its consent. [Read more…]
AS A COMMERCIAL PROPERTY landlord you have certain rights.
However, your ability to refuse consent to a lease assignment will depend on several factors.
WHEN IT COMES TO MAXIMISING your property income, depreciation is a powerful tool that is often overlooked.
As a Commercial Investor, you have a unique advantage over those investing solely in residential properties.
FINANCIAL INSTITUTIONS HAVE a range of methods for evaluating commercial properties, but there are some general guidelines that they typically follow.
One of the key numbers that banks focus on is the property’s Net Operating Income (NOI), which is essentially the rental income minus expenses.
WITH EVERY NEGOTIATION, you always need to be thinking on your feet. And here are several simple Tips to help you do just that.
WHEN YOU EMBARK on your journey as a property investor, it can be overwhelming – with a flood of information and diverse opinions. To help simplify the process, here are five essential tips for new (and seasoned) investors.
IT DOES NOT MATTER whether you’re an investor or an owner-occupier, there are several important factors to consider when purchasing a commercial property to ensure you make the right choice.
In a previous article, I shared a handy App to assist you in shortlisting potential properties. If you haven’t already downloaded it, simply click on the HiReturn Filter over on the right, to install it on your tablet or mobile device.
THERE IS A BELIEF among many experts that a surge in the stock market typically precedes a recovery in the commercial property market by about six months. And the start of this year saw equity markets gaining some momentum.
I HAVE BEEN ASKED countless times about the secrets to a successful negotiation. And I want to share with you the key elements to help make your negotiations effective.
But first, just watch this short video to gain a quick understanding of these three essential elements that form the foundation of every negotiation.
