Leary & Partners quantity surveyor and tax law expert, Kaylene Arkcoll, predicts a bleaker future for investors in residential property, particularly strata units.
Investor borrowing moderating, even before latest tightening measures
Housing lending to property investors softened in March, says Malcolm Gunning, president of the REIA, even before regulators and banks tightened lending to investors and before budget initiatives aimed at property investment were announced.
BMT Tax Depreciation believes that many investors pursuing a strategy of ‘rentvesting’ may be leaving thousands of dollars of tax savings on the table by not using tax depreciation.
In the first three months of 2017, the Tasmanian real estate market recorded its highest number of sales since 2004, according to new data from the REIT.
When buying a property off the plan you have the right to ask as many questions of the selling agent or developer as you need to in order to make an informed decision.