When you renovate the house, you are doing an investment in the property's value. You will be looking towards making profits off of it. Most people who intend to stay in a house for a long time go for renovation. However, those who intend to sell their properties also try to renovate different spaces so that the value of the property goes up and they get better profits. After all, a new house with all...
Paying the CGT cuts through your profits when you are selling an investment property. You must be searching for a way to forego the CGT during the selling process. Is it even legally possible to sell an investment property without the CGT? Yes, it is possible. Read on to find the tax loopholes in the whole process so that you get the cream of your profits for future investments. There are some situations...
Investors are falling short of safeguards as the Australian housing market goes through a radical decline in the pricing of houses. The pandemic induced a COVID housing boom in Australia in 2021, and housing prices soared by unbelievable margins. However, the downturn in Australia's property market started in early 2022 as prices in certain suburbs declined by huge margins from the peak levels. Some of the...
Real estate has been one of the promising and reliable investment options for many years. The history of the Australian property market has shown how it remained resilient in times of financial crisis. Commercial real estate has found recognition as a promising passive income investment option. However, it is important to know how property investments could help you earn passive income. The following...
