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EOFY: Big Ticket Items You Should be Claiming on Your Investment Property
Tax time is nearly here again. If you own a property as an investor, you might already be thinking about preparing for the end of the financial year. The good news is there are many ways to reduce annual amounts, and deductions can sometimes be the difference between your investment having a positive or negative cash flow. Here’s a list of the key deductions you should be considering, or at the very least asking your accountant about. Rental advertising: Regardless of whether you’re finding a first tenant or re-letting, the costs associated with online advertising, print media, flyers and brochures, or a sign can be claimed against property income in the…
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KITCHEN RENO’S ON A BUDGET
The kitchen is the heart and soul of any home. It’s where we come together each night to talk about our day, cook a meal for the family and be the centerpiece of entertaining friends, so it's no surprise that a kitchen is the most renovated space in Australia. In most cases, your kitchen and bathrooms will be the most expensive part of a new build or renovation process. Kitchens can start from as little as $15,000 and go upwards from there. I remember when I built my first home in Indooroopilly and I nearly fell off my chair when the kitchen quote came in at $20,000, I’ve realised over…
