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Repairs or Renovation – Maintenance what type of work does this cover?

Repairs or Renovation – Maintenance what type of work does this cover?

Ultimately, maintenance claims can include any type of work done to the property that prevents it (or a part of it) from deteriorating or eventually becoming broken or unusable.

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Repairs or Renovation - The rule of wear and tear

Repairs or Renovation - The rule of wear and tear

The Australian Taxation Office stipulates that a rental owner is entitled to claim the costs of any type of work done to an investment property, provided that the expense ultimately contributes towards its overall maintenance and repair.

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Questions a Lender Will Ask You and What You Should Prepare For - What deposit do you have?

Questions a Lender Will Ask You and What You Should Prepare For - What deposit do you have?

The bigger the better. Ideally, you will have about 20 percent of the house purchase price saved up. This is a good idea for a couple of reasons.

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Questions a Lender Will Ask You and What You Should Prepare For - How much do you spend?

Questions a Lender Will Ask You and What You Should Prepare For - How much do you spend?

The lender may ask for three to six months of bank statements for your transactional accounts so they can identify incomings and outgoings.

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Questions a Lender Will Ask You and What You Should Prepare For - How much do you earn?

Questions a Lender Will Ask You and What You Should Prepare For - How much do you earn?

Pulling together the information for a loan application can seem daunting, and may even feel a little invasive.

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Why you shouldn’t invest in shiny new houses or apartments  – Part 5

Why you shouldn’t invest in shiny new houses or apartments – Part 5

Finally, where is the wriggle room? When you buy a brand new property, your room to negotiate prices is strictly regulated by a set-price list.

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Why you shouldn’t invest in shiny new houses or apartments  – Part 4

Why you shouldn’t invest in shiny new houses or apartments – Part 4

New properties don’t cost that much more than established properties.

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Why you shouldn’t invest in shiny new houses or apartments – Part 3

Why you shouldn’t invest in shiny new houses or apartments – Part 3

People think there is less maintenance involved in a new property

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Why you shouldn’t invest in shiny new houses or apartments – Part 2

Why you shouldn’t invest in shiny new houses or apartments – Part 2

why buying a brand new house or unit is enticing. However, that doesn’t mean it is a smart decision. There are more tax benefits for new properties

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Why you shouldn’t invest in shiny new houses or apartments – Part 1

Why you shouldn’t invest in shiny new houses or apartments – Part 1

The fresh smell, the clean slate, the low maintenance - are just some of the reasons why buying a brand new house or unit is enticing. However, that doesn’t mean it is a smart decision.

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