by Financially Sorted | Jan 31, 2023 | Housing Prices, Interest Rates, Land Tax, Property Investment
Rising interest rates and falling house prices don’t have to be a cause for alarm for households. Overall, there are many things that you can do to prepare, like examining your financial position and not making unnecessary purchases on depreciable items like cars and...
by Financially Sorted | Sep 21, 2022 | Finance, Housing Prices, Property Investment
As we are preparing many income tax returns for FY 2022, we would like to highlight 10 tips to avoid rental property tax mistakes. Avoiding these 10 common mistakes will save you time and money. 1. Apportioning expenses and income for co-owned properties. If you own a...
by Financially Sorted | Sep 1, 2022 | Finance, Small Business, Superannuation
“Success is about creating benefit for all and enjoying the process. If you focus on this and adopt this definition, success is yours” Kelly Kim. Forget about how much you earn, whether it’s as low as a dollar an hour or if you are lucky enough to earn $1,000 dollars...
by Financially Sorted | Aug 2, 2022 | Housing Prices, Interest Rates, Land Tax, Property Investment
By Andrew Stone (from Property Analytics) The Melbourne Housing market update. Prices are down from their late 2021 peak! The market started to run out of steam towards the end of last year. The Rolling 3 Month Median $ Price is now about 6% lower than its peak in...
by Financially Sorted | Feb 28, 2022 | Housing Prices, Property Investment, Tax Returns
The purchase of an investment property will be one of the biggest decisions of your life, both emotionally & monetary. Once purchased you can maximise your claim and get the most out of tax deductions. It is therefore imperative that you get it right! There are so...
