Making Your Investments Successful

Did you know Australia not only has one of the highest home ownership rates in the world but it also has one of the highest investment rates in the world?

Last year more than 1.4million people claimed rental deductions against their tax returns. The ATO says more than $25billion was claimed in deductions on rental properties making real estate one of the largest sources of claims.
One of the biggest expenses claimed is interest claimed on borrowings. You need to be careful in what you can claim in this area because if some of the money borrowed is for private expenses, then the interest amount has to be worked out pro-rata.

Having a great property is only one part of successful investing. We have had many people come to us with good properties but who were in trouble because they did not set up their accounts and loans properly.
If you need help in setting up your investments  correctly, please call us on 02 4365 0377 -it will save you money in the long run.


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