by Rebecca Fogarty | May 27, 2024 | Boring but Essential, Checks and Balances, Dot Your I's Cross Your T's, EOFY, Landlord
Land tax is an annual expense you need to factor into your other outgoings as a property investor. It’s calculated based on the value of your land holdings above a specific threshold. Value thresholds and when land tax is calculated are different in each state, so...
by Rebecca Fogarty | May 27, 2024 | Boring but Essential, Checks and Balances, Dot Your I's Cross Your T's, EOFY, Landlord
As the financial year comes to an end, it’s time to get everything prepared so you can complete your tax return. Taking proactive measures now is essential to ensure a seamless and efficient tax filing process for you and your accountant. By getting organised early,...
by Rebecca Fogarty | May 14, 2024 | Environment, Landlord
As winter approaches, it’s essential to get some key jobs done to ensure your investment property is prepared for the cooler months ahead. The season brings cooler temperatures, increased moisture, and stronger winds, all of which can pose risks to your property. This...
by Rebecca Fogarty | Apr 11, 2024 | Checks and Balances, Landlord, My Wallets Looking Empty, Rental Market
There are many different factors to consider when setting a budget for maintenance on your investment property. The age of the home will play a large part in this decision. There are a number of formulas for maintenance, the most common is the 1% rule – which is the...
by Rebecca Fogarty | Jan 23, 2024 | Communication Matters, Paperwork, Rental Market, Tenancy, When Things Go Wrong
One of the most common changes to a lease agreement is the change to the tenants listed on the agreement. When everyone agrees to this change, it can be a simple process however there are some main points to remember. To change co-tenants during a tenancy, you need...