Category: Buying Advice

Australia Non Residents

New duty and land tax surcharges for foreign buyers of residential properties  in Australia https://www.claytonutz.com/knowledge/2016/june/new-duty-and-land-tax-surcharges-for-foreign-buyers-of-land-in-australia Duty surcharge at a glance Rate of duty surcharge New South Wales: 4% surcharge from 21 June 2016. Victoria: 7% surcharge proposed from 1 July 2016 (increasing from 3%). Queensland: 3% from 1 October 2016 – known as AFAD (Additional…Read More→

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Why invest in apartments?

Why invest in apartments ? for higher rental income ( compared to houses in the suburbs) for high tax deduction to lower the investors’ assessabhle income As an investor / owner of an asset , think of who pays your mortgage . A large portion of your mortgage should be paid by the tenant from the…Read More→

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