Should You Engage a Property Manager?

AS YOU CAN IMAGINE, this is a question I often get asked.

So, let me perhaps start by saying that with all my properties … I, personally, engage a skilled property manager.

And people then ask … If you know so much about commercial property, why don’t you manage the properties yourself?

The answer’s fairly straightforward – as there are basically 4 reasons … [Read more…]

It’s NEVER Too Late for Commercial Investors and Business Owners to Claim Thousands in Depreciation

JUST BECAUSE 30 JUNE has been and gone, commercial investors and businesses don’t need to wait another financial year to obtain a tax depreciation schedule. Even if a schedule is ordered after the end of a financial year (FY), depreciation can still be back-claimed.  [Read more…]

Some More Construction Issues, Plus Solutions

A FEW WEEKS AGO now, we addressed several construction issues that can arise. And today we will continue to outline a few more.

Hard Dollar Competitive Tenders

You may have heard of the term 'hard-dollar competitive tenders' and wondered what it means.

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Commercial Property Should Regain Some Normality

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SEVERAL RECENT ARTICLES in the Financial Review have flagged a slowdown in Asian money flowing into the Australian property market.

And that is principally as a result of China clamping down on capital movements out of the country.

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Common Construction Problems

EVERY INDUSTRY has its issues and the construction game is no different. As with all issues, you simply have to know they exist, understand the various fixes and plan accordingly.

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Changes to FIRB Requirements

THE FOREIGN INVESTMENT Review Board's (FIRB) reluctance to prosecute non-complying foreign investors, and the public criticism that this has received, has led to the introduction of stricter foreign investment laws by the Australian Government.

These changes will apply from 1 December 2015.

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Depreciation Can Be Rather Accommodating

MORE AND MORE, Baby-Boomer investors are showing an interest in what is called "Traveller" accommodation.

Owners of income producing properties can generally claim both capital works and plant and equipment deductions. However when claiming for traveller accommodation, it's even more important to seek advice from a Quantity Surveyor.

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You Can Write-off Up to $20,000 Immediately

THESE TYPE OF DEDUCTIONS mean an immediate improvement in your profit.

As part of the May 2015 federal budget, the Australian Government announced that small businesses with an aggregated turnover of under $2 million would be entitled to claim a $20,000 instant asset write-off.

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“U Can’t Touch This”

MC HAMMER'S HIT SONG of the early 90's resonates when thinking about the main reasons people resist investing into their superannuation.

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New Tax Ruling 2015/2

THE AUSTRALIAN TAXATION OFFICE has released a new tax ruling effective from the 1st of July 2015.

Replacing Tax Ruling 2014/4, Tax Ruling 2015/2 outlines the effective lives for all assets when calculating depreciation deductions for plant and equipment items.

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Who Should Be Running Your Building Project?

THERE ARE A NUMBER of ways to build (or renovate) the space you need; each method has unique attributes, techniques, advantages and disadvantages. Your decision as to which professionals you use will be determined by your business plan.

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