Dolman Bateman Accountants Sydney
Experts in Forensic Accounting, Specialists in Business & Tax
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The Reserve Bank’s decision to lower the cash rate by 25 basis points to 4.5% aims ‘to deliver an added boost to confidence’. Why was there a rate cut? Global financial markets have recovered somewhat from the turmoil of recent months. Australia's terms of trade have now peaked and will … [Read more...]
Negative gearing allows you to offset the cost of buying an investment property against your other income. The tax savings from negative gearing reduce the after tax cost of buying an investment property. One of the forgotten aspects of negative gearing is depreciation where you can claim a tax … [Read more...]
Investments can be held in a number of different structures, e.g. individual, partnership, company, trust and superannuation fund. There is no one size fits all. Choosing an investment structure largely depends on a number of factors including asset protection, financing requirement, income … [Read more...]
Negative gearing is a form of financial leverage, where the funding costs exceed the income returns. Two most common examples of negative gearing are: An investor borrows to invest in a residential rental property. The rent received is less than the interest on the mortgage. An investor … [Read more...]
Some of the expenses you can claim as deductions on your rental property include: Advertising- This only includes advertising associated with obtaining tenants. Advertising costs associated with selling the property add to the cost base of the property and are not available for an immediate … [Read more...]
A recent article in the Sydney Morning Herald discusses the increase in house prices from 1993 to 2010, a 17 year period, in which the average Sydney medium house prices rose 233% from $188,050 in 1993 to $626,444 in 2010. It is interesting that they used a 17 year period from 1993, which was the … [Read more...]
Our Negative Gearing Calculator is easy to use without drowning you in a sea of numbers, so I thought that I would put together a quick screencast video showing how easy it is to use. Our Negative Gearing Calculator is here: … [Read more...]
