How many properties do I need to be financially secure – Property WOD
Is it three, six, nine, or more? In today’s Property Wealth Workout of the Day, we take a look at how many properties you need to be financially secure.
Beware the Perils of Credit Cards
Credit Cards: Beware the Evil Financial Instrument Walking Among Us! By Cam McLellan A little while ago I went on a rant against sharks in the property industry, those smooth-talking scammers who feed off humble, honest investors with expensive bogus seminars or dud properties. They will always remain one of my most hated types of…
How to live off equity
At the end of the year as we get closer to Christmas, I always find people start thinking about how great it would be if they didn’t have to go back to work. This brings them to thinking about how much they will need for each year of retirement and how to go about accessing…
How to avoid cross collateralisation – Property WOD |Ep. 240|
In property investing cross collateralisation is one of the big no-nos if you want to keep your own home safe from the banks. Watch our Property Workout of the Day to learn how to avoid this easily made mistake.
Everything you need to know about depreciation schedules – Property WOD |Ep. 238|
It’s a property investors best friend, so why do so many people neglect their depreciation schedules at tax time? In today’s Property Workout of the Day we take a look at everything you need to know about depreciation schedules.
Getting the Most Out of Your Tax
By Michael Beresford A lot of property investors ask us about the best way to maximise their tax benefits. In terms of what you can claim, the best person to talk to is your accountant but as a general rule, every expense associated with an investment property is tax deductable. This excludes stamp duty and…