Rental's hidden traps: A hefty GST bill awaits property investors who rent rather than sell
Article Abstract:
Renting out property provided the investors with much needed cash-flow, but changed the GST status of investment as it had important consequences because the substantial input tax credits claimed during construction were not available once the use of property changed to rental. Property investors, who build new residential houses to units for sale, are expected to face a hefty GST bill if they decide to rent out the property.
Publication Name: Personal Investor (Melbourne, Vic.)
Subject: Personal finance
ISSN: 0813-2992
Year: 2004
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Your money, your super choice
Article Abstract:
The Government of Australia after eight years of debate and political sparring has finally got its choice of superannuation legislation passed into a law and hence from July 2005 a dramatic increase in the number of people who can choose the super fund will be effective. Superannuation is one's own money that one cannot spend but by taking a long-term approach and proper investing one can reap the benefits in the future.
Publication Name: Personal Investor (Melbourne, Vic.)
Subject: Personal finance
ISSN: 0813-2992
Year: 2005
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Making a house a home
Article Abstract:
Loretta Truscott, partner with Jellis Craig real estate agents in Melbourne's eastern suburbs states that tenants' expectation of 'clean and cared for' are rising all the time. Some golden rules are presented for improving appeal of the property to fetch better rental income.
Publication Name: Personal Investor (Melbourne, Vic.)
Subject: Personal finance
ISSN: 0813-2992
Year: 2003
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