As predicted in previous issues the Melbourne property market has experienced a correction of between 0 and 10 per cent over the past twelve months. The beginning of the slowdown can be traced back to the second week in November of 2003 where there was a noticeable reduction in activity levels. We believe that this…
Property investors are entitled to claim a number of tax deductions in relation to their rental properties. What follows is a checklist of the most common allowable deductions with respect to deriving rental income from tenanted properties. Advertising costs for tenants; Non-capital repairs and regular maintenance costs (as opposed to improvements which are capital in…
The 10 Golden Rules Apply If your family or friends have used a builder they’ve been happy with, ask for details about the builder they used; See if the builder is registered with the Building Practitioners Board (visit www.buildingcommission.com.au). Domestic builders doing work worth more than $5000 must be registered; Check the builder ’s projects over…
When it comes to adding new life to your home, there are many Feng Shui principles you can easily apply to invigorate the spaces you live in. Just breathe – Open doors and windows for a little while each day to replenish and invigorate the life force of your home. Bedroom bliss – make sure that the…
Finding Balance When it comes to your number one “investment”, there are various strategies you can implement to increase the material and emotional value of your home. Kerry Tabor of Spirit of Design says many people are using her Feng Shui advice to enhance not only the chances of sale, but also to legit payday…