Rules of investment

When you’re trying to secure finance for an investment property, it’s important to keep a few simple rules in mind to make sure you get the best deal possible and will be able to afford the repayments, come what may. If you’re thinking about purchasing an investment property, it’s important to manage the risks adequately. … Continued

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How to speed up your home loan approval

Asking how long it takes to get a loan approved is like asking how long a piece of string is. Every application is unique, so the time between your first contact with your bank or broker and approval can never be predetermined. There are, however, some things you can do to help hurry your application … Continued

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Buying in a boom market

Source: Chris Gray, CEO of Empire which builds property portfolios for other people – searching, negotiating and renovating on their behalf. For clients or to add to his personal portfolio, Chris buys around 1-2 property per week, providing a unique insight into market conditions and buyer and seller sentiment. Chris hosts “Your Property Empire’ each … Continued

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Property Developers Face ATO Scrutiny

The ATO is examining arrangements where property developers are using trusts to return the proceeds from property developments as capital gains instead of income on revenue account. ATO Deputy Commissioner Tim Dyce said the ATO has “begun auditing property developers who are carrying out activities which conflict with their stated purpose of capital investment”.

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