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Importance of claiming tax depreciation

By Paul Bennion

www.smartpropertyinvestment.com.au

The importance of claiming legitimate tax deductions such as depreciation has been highlighted by new ABS figures which show that governments throughout Australia collected more than $1 billion in taxes every day during the June 2014 quarter.

Buying property should be like picking up a new pair of shoes – Property Wealth WOD |Ep. 83|

Al & Cam discuss buying property and comfort vs post purchase dissidence– Property Wealth WOD - Feat. Cam McLellan & Al Lewison

Should property investors renovate for profit?- Property Wealth WOD |Ep. 82|

Al and Cam compare investing to renovation – Property Wealth WOD - Feat. Cam McLellan & Al Lewison

Footy Final Doesn’t Dampen Enthusiasm for Property Buyers

Source: http://www.news.com.au

DESPITE a drop off in the number of properties taken to auction on the weekend, clearance rates have remained solid.

According to RP Data housing market specialist Robert Larocca, the clearance rate for last week was 72 per cent across the capital cities — higher than the previous week.

Sydney and Melbourne values continue to increase

Source http://www.apimagazine.com.au

The Sydney and Melbourne markets have continued to shine in the month of August, according to new data from Onthehouse.com.au.

The Sydney property boom is still under way, with house prices rising by 1.52 per cent over the past month.

New due diligence checklist to aid Victorian home buyers

By Christina Zhou http://theage.domain.com.au

A new due diligence checklist for Victorian home buyers will be available at open for inspections and online from October. Consumer Affairs Victoria director Claire Noone said the checklist would prompt buyers to investigate a range of issues that may affect the property and impose obligations or restrictions on the owner.

Scrap negative gearing and suffer the consequences, says HIA

By Adam Smith - yourinvestmentpropertymag.com.au

New research has claimed restricting access to negative gearing for residential property would reduce investment in housing, hinder housing affordability and increase the cost of renting.

Love your parents, but don’t listen to them

By Ed Chan - propertyobserver.com.au

Now that is a dramatic headline and I left off 10 extra words: 'If you want to be rich and they are not'. By the way that applies to all your friends also. If you want to be a great fisherman, then listen to someone who is a great fisherman. If you want to be a great cook, then listen to someone who is a great cook. If you want to be wealthy, than listen to someone who is wealthy.

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