Corporate Blog
The team at Washington Brown regularly contribute to this blog with news, tips and industry changes – so if you’re a property investor; bookmark this page and check back regularly. Or join our mailing list.
AIRBNB
By now you have probably heard that the Australian Taxation Office (ATO) is putting Airbnb owners ‘on notice.’ Airbnb has emailed owners warning them that their details have been shared with the ATO. I suspect that there might be a few ‘Nervous Nellies’ out there – those who haven’t declared the income they have been […]
Is now the time? Q&A with Terry Ryder
It’s no secret that there are different strategies when it comes to investing in property. Some people prefer to invest in brand-new properties, while others opt for older property that they can renovate and resell for profit. Whilst depreciation should never be the reason behind
Investing in a brand new property versus second-hand property: The Tax Depreciation perspective
It’s no secret that there are different strategies when it comes to investing in property. Some people prefer to invest in brand-new properties, while others opt for older property that they can renovate and resell for profit. Whilst depreciation should never be the reason behind
IT’S OFFICIAL
Since our beginning, well over 40 years ago now, Washington Brown has always placed as much importance on achieving the maximum ATO-Compliant deductions for our clients as we have on ensuring the highest levels of Customer Service and Satisfaction. With these aspects being at the core of the business’ values, we are understandably both proud […]
How the depreciation changes affect buying brand new property versus second hand property.
The recent depreciation changes have the greatest impact on the types of property you may choose to invest in. Some people prefer to invest in brand-new properties, while others opt for older property that they can renovate and resell for profit. So, which is the better investment strategy? Let’s look at this in actual finite […]
How the new depreciation laws affect depreciation on old property
There is a common misconception in the property market that you cannot claim depreciation on old properties. This is wrong, and I can prove it! The origin of this myth centres on the fact that you cannot claim building depreciation on residential properties where the construction commencement date is before 1987. This is a true […]
Negative Gearing Policy Changes Survey Results Report
With the proposed changes to Negative Gearing being such a “Hot Topic,” we asked our database to let us know their opinions. I was blown away by the number of respondents! Below is an interesting summary of the survey results. For a more detailed look at the proposed policy changes and my thoughts on the […]
Should Negative Gearing Change?
Labor’s Negative Gearing Policy I get it. I get why a large proportion of Australians are against the tax deductions available to ‘negatively geared’ property investors. And I agree (in some ways) – that the current policy of allowing property investors to deduct their property losses against their wages could be improved (some/most of you […]