BMT Accounting can be contacted on alternatively please visit for more information.

Size: px
Start display at page:

Download "BMT Accounting can be contacted on alternatively please visit for more information."

Transcription

1

2 Tax Depreciation Secrets every Renovator Should Know Copyright 2011 Bradley Beer Director (B.Con.Mgt, AAIQS, MRICS), BMT Tax Depreciation Quantity Surveyor. All Rights Reserved. Brad has over 14 years experience in the building and construction industry. As a result he has substantial knowledge and specialist experience in tax depreciation and construction costing. Brad has helped thousands of Australian property investors increase the cash flow of their investment properties. As an experienced property investor himself, Brad has taken advantage of knowledge gained from the industry and he can show you the difference depreciation can make. All types of income producing properties have substantial taxation benefits available to be claimed. BMT Tax Depreciation can help unlock the cash flow potential in investment properties saving your clients thousands and helping you provide a value added service! 80% of property investors are missing out on thousands of dollars in depreciation deductions from their investment property. As a building gets older, items wear out they depreciate. The ATO allows property owners to claim this depreciation as a deduction. Depreciation can be obtained by any property owner who obtains income from their property. Obtaining a depreciation report that maximises deductions may result in your investment property returning a positive income. Quantity Surveyors are one of a select few professionals who specialise in providing depreciation reports. BMT Tax Depreciation pride ourselves on maximising depreciation deductions for the investor, the quality of our report, our ability to meet fast turnaround times and the continuing development of alliances with some of the biggest real estate and development companies in Australia. With offices in every state and territory and over 120 staff, BMT service all regions of Australia. BMT Accounting can be contacted on alternatively please visit for more information. DISCLAIMER: The Materials are not intended to replace professional independent advice. You are advised to seek advice from qualified practitioners. Every effort has been made to provide reliable information, as information can become outdated with new research, the Author cannot be held responsible for any outdated information, error, omission or adverse outcomes resulting from the use of the materials. The Materials are based on information available at the time of provision and cannot be expected to cover all developments arising from subsequent developments. The materials are not definitive statements on the subject matter. The author does not guarantee the accuracy, currency or completeness of the information in the Materials. The Author does not accept any liability for any injury, loss or damage incurred by use of or reliance on the Materials. The Materials are of a general nature and are intended to assist the reader s comprehension of issues relating to [insert]. It is not intended to provide specific advice to specific persons financial or property interests. Please consult your financial or property professional advisor when seeking to apply the materials. THE TAX DEPRECIATION SECRETS EVERY RENOVATOR SHOULD KNOW PAGE 2

3 4 secret ways to make your renovation deliver even more value Has the time come to renovate your investment property? Thinking about the types of new fittings and fixtures before installing them may generate you thousands of dollars in depreciation deductions. Make sure you do everything to maximise the cash flow potential of your next renovation project. Many investors purchase properties that require improvement. They usually do this with the sole purpose of renovating to create equity and generate extra rent. Once you have decided to renovate your investment property, it is important to ensure you obtain the best long term value from the money you are outlaying. Renovations can be expensive, so it makes financial sense to obtain the maximum depreciation benefit where possible. When it comes to deciding which new item to install in a property, some consideration should be applied to the depreciation potential of the new item. THE TAX DEPRECIATION SECRETS EVERY RENOVATOR SHOULD KNOW PAGE 3

4 These next 4 techniques will deliver more value to your bottom line Your product selections are the key! Which new floor covering should you install to increase your depreciation potential - carpet, floating timber floorboards or tiles? The depreciation available on these items differs due to their varying effective lives. If you spend $2000 on floor coverings, for example: Item Effective Life Depreciation 1st Year Carpet 10 years $400 Maximum Floating Timber Floorboards 15 years $267 Tiles 40 years $50 Deciding between an air conditioning unit and ducted air conditioning? If you spend $5000 on cooling, for example: Item Effective Life Depreciation 1st Year Air Conditioner - Split 10 years $1000 Maximum System Ducted Air Conditioning Unit 15 years $667 (Figures based on Diminishing Value method using current legislation) THE TAX DEPRECIATION SECRETS EVERY RENOVATOR SHOULD KNOW PAGE 4

5 Considering ornamental light fittings or down lights? If you spend $2000 on lighting, for example: Item Effective Life Depreciation 1st Year Ornamental Light Fittings 5 years $800 Maximum Down Lights 40 years $50 As shown in the above examples, installing assets for their depreciation potential is certainly worthwhile. Depending on the size of the property and the extent of the renovations, the deductions obtained from the new items may improve your cash flow each financial year by thousands of dollars. In many cases, renovations can be funded by the immediate write off of old items and the depreciation deductions from the new items. Effective lives Explained The effective life of an asset is used by a Quantity Surveyor to work out an asset s decline in value. The Australian Taxation Office (ATO) describes an effective life as the period of time that a depreciating asset can be used by any entity to produce assessable income: assuming it will be subject to wear and tear at a reasonable rate, assuming it will be maintained in reasonably good order and condition, and having regard to the period within which it is likely to be scrapped, sold for no more than scrap value or abandoned. Source: gov.au 2. Depreciation deductions on structural renovations If structural construction work is completed as part of the renovations (such as a new roof, walls or ceiling), this can also be depreciated. Any work carried out after 18 July 1985 (residential property) and 20 July 1982 (non-residential property) will be eligible to claim the capital works allowance (Division 43) as well as any plant and equipment deductions. THE TAX DEPRECIATION SECRETS EVERY RENOVATOR SHOULD KNOW PAGE 5

6 3. You can claim on someone else s expenditure! When the quantity surveyor completes your tax depreciation report, they should always take into consideration the renovations carried out by previous owners. Even though you may not have carried out the work yourself, there may be depreciation deductions for you to claim. A thorough site inspection is undertaken on your property, the quantity surveyor will identify previous renovation works. Further council searches can also expose previous renovations carried out on the property. Always consult a depreciation expert about your entitlements. Maximising the depreciation available in your investment property may improve your cash flow position each financial year you ll pay less tax! BMT Tax Depreciation can offer obligation free advice about your property s depreciation potential pre and post renovation simply call the office and speak to us about your property scenario. 4. STOP EVERYTHING: Before you even lift a hammer there is money to be made! Have you considered the concept of scrapping? Many investors can claim depreciation deductions on the items that they remove from the property before they renovate this removal of items is often referred to as scrapping. This means that if you remove items such as old carpet, stoves, hot water services or air conditioning units from your property, you may be able to write them off as a 100% tax deduction in the year of removal. THE TAX DEPRECIATION SECRETS EVERY RENOVATOR SHOULD KNOW PAGE 6

7 Scrapping: An Easy Way to Increase Cash Flow Pre-Renovation Scrapping is the removal and disposal of any potentially depreciable assets from an investment property. In other words, demolition of any existing structure or fixture onsite that would have been eligible to claim deductions for depreciation (Division 40) or building write off allowance (Division 43). With the age of some properties now requiring renovation there are significant tax advantages that can be generated over and above normal depreciation. Prior to demolition or renovation, many investment property owners remain unaware that the old assets within their property can be worth thousands of dollars. When these old assets (like carpet and hot water systems) are replaced or scrapped, owners may be entitled to claim them as a tax deduction. Before you discard old items or demolish your investment property, check to make sure you aren t throwing dollars away! How does an investor benefit by scrapping? Scrapping of existing structures onsite is a very effective method of obtaining deductions within our tax system. It can provide additional tax credits for investors who demolish or dispose of existing buildings or any part of it which was owned as an investment asset and eligible to produce income. Essentially if an item is scrapped, the written down value (WDV) of the item can be written off as a tax deduction in the year the expense is incurred. To calculate the scrapping value, the quantity surveyor or client s accountant identifies the items that were removed or scrapped in the renovation process. THE TAX DEPRECIATION SECRETS EVERY RENOVATOR SHOULD KNOW PAGE 7

8 Case Study Jim purchased a 60 year old 3 bedroom townhouse in Paddington. In its pre-renovation condition, the house contained carpet, vinyl, blinds, an air conditioner, old stove, hot water service and light fittings. Upon his accountant telling him about the potential depreciation deductions available in old, pre-renovated properties, Jim decided to get a scrapping report before he started any work on the property. BMT visited the site and conducted a full site inspection, taking note of all the items that could be written off before they were thrown out. The following deductions were obtained: Jim then took the scrapping report to his accountant and claimed $6,270 in depreciation deductions that year in his personal tax return. Over the following 12 months, Jim completed his renovations, including an extension at the rear of the property. He again contacted BMT Tax Depreciation to come and assess the renovated property to achieve the maximum depreciation deductions. This second report, took into consideration all new additions (stainless steel oven, cooktop and rangehood, new carpet, air conditioning unit, etc) as well as calculating the construction write off allowance now available on the extension. Both Jim and his accountant were impressed with the total depreciation claim on the scrapped assets and renovated property of $16,000 in the first year alone! THE TAX DEPRECIATION SECRETS EVERY RENOVATOR SHOULD KNOW PAGE 8

9 How is Scrapping Calculated? The first report is undertaken prior to any renovation or refurbishment. The quantity surveyor prepares a report identifying the value of all plant and equipment and qualifying capital expenditure contained within the property. A second report is then prepared after completion of the renovation, identifying the value of all new plant and equipment and capital expenditure within the property. The assets within the building that are no longer present can be written off immediately. Scrapping is a complicated process that requires the expertise of a specialist Quantity Surveyor in conjunction with your accountant. Why scrap items? There are several reasons why an item may be scrapped that generally fall under the heading not fit for purpose. They include; Obsolescence; Functionally inadequate; Dated style; Original form was inappropriate or does not maximise the form and function of the property; or Additional value to the owner is obtained from a renovation. To maximise a scrapping claim focus should be given to items classified under Division 40 (often termed plant & equipment ) as these items have the highest depreciation claim and often the greatest individual value. It is important to note that a valuation of all items, including those to be retained and those to be scrapped in the refurbishment process is required with adequate photographic records retained for possible future auditing by the Australian Taxation Office. THE TAX DEPRECIATION SECRETS EVERY RENOVATOR SHOULD KNOW PAGE 9

10 In Conclusion The concepts outlined in this guide can provide you as a property investor with a very attractive tool to maximise the tax benefits available from the refurbishment of an existing building, both immediately and in continued ownership. Substantial deductions can be achieved when the correct decisions are made at purchase and during the renovation process. Many investors remain unaware that pre-renovation/demolition investment properties contain depreciation deductions. If you are unsure about your entitlements, contact BMT Tax Depreciation before you start any work on your property. They may be able to obtain you thousands of dollars in depreciation deductions you never knew were available! THE TAX DEPRECIATION SECRETS EVERY RENOVATOR SHOULD KNOW PAGE 10

11 WHAT NEXT? I hope you enjoyed this Success Guide, part of a free series brought to you by Your Property Success. My name is Jane Slack-Smith, I am the founder of Your Property Success and also a property investor, educator and market commentator. The reason I launched was to give me a way to provide low-cost high-content property investment education to ordinary Australians and to help people just like you to take the steps towards financial freedom. This is no get-rich quick scheme, nor is it about expensive but ultimately useless gimmicks and tricks. Your Property Success delivers self-paced learning and practical exercises, through affordable 6-week e-courses, designed so you can quickly establish the action steps and move forward. My intention with Your Property Success has always been to pass on all the knowledge of someone who has been there, done it and made the mistakes so that you don t have to! I have spoken at seminars and workshops around Australia and have become increasingly concerned that the cost of these is creeping up. I believe you should not have to be wealthy to become wealthy! I believe education should be affordable and that everyone should have the opportunity to create a better life for him or herself. Yes, you can go to the local library and get all the books you need to learn about property investment but if you want a short cut, then get your education from someone who has done it successfully in a low-risk way. You may have spent several years getting a formal education for your profession so that you could earn decent money and give yourself and your family a comfortable existence so why not invest a little time into the vehicle that will get you there sooner? For a list of courses see overleaf or visit to view the full range of learning resources available to help you get started on your own property success. THE TAX DEPRECIATION SECRETS EVERY RENOVATOR SHOULD KNOW PAGE 11

12 SEQUENTIAL E-COURSES These e-courses are designed to help you with each step involved in property investing. The are structured into 6 modules (one module per week) and include practical exercises to help solidify your learning and help get the understanding from mind to muscle. Each course also comes with a workbook for you to record your progress and complete the exercise/s for each module. This workbook will become your property investing playbook and you will refer to it time and again as you make your first, second or even tenth purchase. The sequential courses are designed to be taken in a specific order, as each builds on learnings from the previous. If however you feel that you already have a good grasp of the concepts in some courses you are free to choose only those courses that suit your needs. 1. The Foundations of Low-Risk Property Investing: assessing goals, budgeting and defining your strategy and property buying criteria 1. Knowing Your Numbers: working out what you can borrowing, getting your finance together, differing loan types and who pays for the costs of the property 1. Locating a Property: what to look for and where, websites and resources to find the property, what to look for during inspections and how to negotiate 1. Signing to Settlement: what to include in your letter of offer what is the process involved, requirement for landlords insurance, what is a depreciation schedule?, How to complete a quick reno and how to appoint a property manager 1. After You Buy: Dealing with buyer s remorse, protecting yourself through insurance, managing your property and unlocking opportunities for the future growth of your portfolio. There is also a range of stand-alone e-courses available for those who want additional information on selected topics; see next page. THE TAX DEPRECIATION SECRETS EVERY RENOVATOR SHOULD KNOW PAGE 12

13 STAND-ALONE E-COURSES These stand alone e-courses can be taken in any order. They are designed to complement the sequential e-courses by providing additional learning opportunities to enhance your property investing knowledge and skills. However you do not have to have taken any of the sequential e-courses in order to benefit form the learning provided in these stand alone courses. Top Four Fears of Property Investing: overcoming these will set you up for success. First Time Buyers: targeted at those buying investment property / principal place of residence in the long term and making plans now to have everything ready to go when they are ready. Great product for those starting work. Renovation Techniques: advanced techniques covering, cosmetic, structural, high end renovations, how to assess a property for renovation and where you are going to get the biggest bang for your buck and then templates for influencing valuations to tap the equity to do it all again. Advanced Finance: Trust structures, Why you should spread the risk and use multiple lenders, how Lenders Mortgage Insurance works and the importance of managing your exposure to the 2 main insurers, how buying with diversification in mind can save your thousands and using your SMSF to purchase property Advanced Techniques: advanced property strategies, commercial property, multiple dwellings eg granny flats, developing, renovating and more. For more information on these e-courses or to register for any of the courses mentioned here please visit THE TAX DEPRECIATION SECRETS EVERY RENOVATOR SHOULD KNOW PAGE 13

14 FREE secret tool that tells you the exact streets in your suburb where renters want to live Plus, in 3 FREE 20 minute videos you ll discover: The 3 biggest mistakes investors make The top 4 reasons why people don t invest in property and how to overcome them 3 property investing myths - BUSTED 2 never before seen resources that can be used straight away to assist you in securing the right property for your property portfolio How an average Australian family with just 2 investment properties and one renovation can put $1 million in the bank (as seen in the February 2012 issue of Australian Property Investor Magazine). Click HERE now for FREE ACCESS

VALUING. Your Valuer. Helping your valuer help you grow your property portfolio

VALUING. Your Valuer. Helping your valuer help you grow your property portfolio VALUING Your Valuer Helping your valuer help you grow your property portfolio Valuing your Valuer: helping your valuer help you grow your portfolio ABOUT JAMES James has been a registered and qualified

More information

BMT Tax Depreciation Estimate

BMT Tax Depreciation Estimate Estimate Yati 156V3 TYPICAL VIC SUBURB, VIC 3000 Level 50, 120 Collins Street GPO Box 4260 t 03 9654 2233 f 03 9654 2244 e info@bmtqs.com.au w www.bmtqs.com.au Australia Wide Service ABN 44 115 282 392

More information

BMT Tax Depreciation Estimate

BMT Tax Depreciation Estimate Estimate Neilson 22 TYPICAL VIC SUBURB, VIC 3000 Level 50, 120 Collins Street GPO Box 4260 t 03 9654 2233 f 03 9654 2244 e info@bmtqs.com.au w www.bmtqs.com.au Australia Wide Service ABN 44 115 282 392

More information

BMT Tax Depreciation Estimate

BMT Tax Depreciation Estimate Estimate Lot 251 'City Gate' NORTHFIELD, SA 5085 Level 5, 121 King William Street GPO Box 1588 t 08 8231 1133 f 08 8231 6600 e info@bmtqs.com.au w www.bmtqs.com.au Australia Wide Service ABN 44 115 282

More information

BMT Tax Depreciation Estimate

BMT Tax Depreciation Estimate Estimate 1525 Princes Highway OAKLEIGH, VIC 3166 Level 50, 120 Collins Street GPO Box 4260 t 03 9654 2233 f 03 9654 2244 e info@bmtqs.com.au w www.bmtqs.com.au Australia Wide Service ABN 44 115 282 392

More information

Easy Legals Avoiding the costly mistakes most people make when buying a property including buyer s checklist

Easy Legals Avoiding the costly mistakes most people make when buying a property including buyer s checklist Easy Legals Avoiding the costly mistakes most people make when buying a property including buyer s checklist Our Experience is Your Advantage 1. Why is this guide important? Thank you for ordering this

More information

What can you expect from your next steps worksheet?

What can you expect from your next steps worksheet? What can you expect from your next steps worksheet? By the end of your next steps worksheet you ll have identified: 1. Where you are right now in terms of your property investing goals. 2. Where you want

More information

The 5 biggest house-flipping mistakes that will cost you serious time and money and how to avoid them

The 5 biggest house-flipping mistakes that will cost you serious time and money and how to avoid them Doug Hopkins Free Special Report The 5 biggest house-flipping mistakes that will cost you serious time and money and how to avoid them Hi! Doug Hopkins here from the Property Wars TV show on The Discovery

More information

BMT Tax Depreciation Estimate

BMT Tax Depreciation Estimate Estimate 136 Derby Street PASCOE VALE, VIC 3044 Level 50, 120 Collins Street GPO Box 4260 t 03 9654 2233 f 03 9654 2244 e info@bmtqs.com.au w www.bmtqs.com.au Australia Wide Service ABN 44 115 282 392

More information

Auction Benefits... Page 5 Private Treaty Benefits... Page 5 What is your property worth?...page 5 - Pricing Guidelines

Auction Benefits... Page 5 Private Treaty Benefits... Page 5 What is your property worth?...page 5 - Pricing Guidelines SELLING GUIDE Table of Contents Request an Appraisal... Page 3 Selling Guide... Page 3 The Market Appraisal... Page 3 The Role of the Real Estate Agent... Page 3 Choosing a Real Estate Agent... Page 4

More information

Dual Income Property Strategy

Dual Income Property Strategy Dual Income Property Strategy Contents: WHAT IS A DUAL INCOME PROPERTY PAGE 4 ADVANTAGES PAGE 6 DISADVANTAGES PAGE 8 CASE STUDY PAGE 10 IMPORTANT CONSIDERATIONS PAGE 14 FREQUENTLY ASKED QUESTIONS PAGE

More information

Investment Guide. home loans

Investment Guide. home loans Investment Guide home loans Your investment journey With the right finance solution, a property investment can build your wealth and improve your financial security. There are hundreds of thousands of

More information

The Investor s Guide For Success With Commercial Property

The Investor s Guide For Success With Commercial Property The Investor s Guide For Success With Commercial Property The 3 Fears When Investing in Commercial Property 5 Dreaded Mistakes to Avoid with Commercial Property 3 Common Misconceptions Causing You to Miss

More information

National Rental Affordability Scheme. NRAS and Mistakes to AVOID!

National Rental Affordability Scheme. NRAS and Mistakes to AVOID! National Rental Affordability Scheme NRAS and Mistakes to AVOID! CONTENTS Contents...1 Introduction... 2 Brief Over view of NRAS...3 Key Facts About NRAS...5 NRAS Incentives... 7 NRAS and Mistakes To Avoid!......

More information

Local Government Area Statistics Report Suburban Brisbane

Local Government Area Statistics Report Suburban Brisbane Generated by: Investors Choice Mortgages Australian Credit Licence # 391985 VIC Contact Details Jane Slack Smith Local Government Area Statistics Report Suburban Brisbane Mobile: 0432 687 560 Ph: 1800

More information

BMT Tax Depreciation Estimate

BMT Tax Depreciation Estimate Estimate 92 Tanah Street MOUNT COOLUM, QLD 4573 Level 7, 320 Adelaide Street GPO Box 3229 t 07 3221 9922 f 07 3221 9933 e info@bmtqs.com.au w www.bmtqs.com.au Australia Wide Service ABN 44 115 282 392

More information

3 STEP BUYERS GUIDE STEP FINANCE STEP LAND STEP HOME

3 STEP BUYERS GUIDE STEP FINANCE STEP LAND STEP HOME 3 STEP BUYERS GUIDE STEP FINANCE 1 STEP LAND 2 STEP HOME 3 STEP FINANCE 1 WORKING OUT YOUR BUDGET Before you can borrow money for your first home, you need to answer two big questions: WHAT S THE MAXIMUM

More information

PROPERTY MANAGEMENT GUIDE

PROPERTY MANAGEMENT GUIDE MANAGEMENT GUIDE CONTENTS #4 INTRODUCTION #10 USING HOME EQUITY #16 LANDLORD INSURANCE #6 WHY INVEST IN? #12 INVESTMENT BENEFITS #18 WHAT COSTS WILL I HAVE TO MEET? #8 DO YOUR SUMS #13 CHOOSING AN INVESTMENT

More information

10 Fatal Traps in Selling Your Property

10 Fatal Traps in Selling Your Property 10 Fatal Traps in Selling Your Property Nigel Heaven Managing Director of PMM Real Estate with over 21 years real estate experience and involved in over 2000 sales. I love real estate and hate to write

More information

Components of Our Service

Components of Our Service 15 Reasons why you will be glad that you chose Australian Tax Depreciation Services to carry out you Depreciation Schedule 1. Owned and managed by Yenktesh Reddy, a leading advisor in the area of Tax Depreciation

More information

To make money in short-sale foreclosures you must

To make money in short-sale foreclosures you must C H A P T E R1 Make Money in Short-Sale Foreclosures To make money in short-sale foreclosures you must first understand foreclosures. Two strategies to make money in foreclosures are quick cash and long-term

More information

Residents Annual Report 2016/17

Residents Annual Report 2016/17 Residents Annual Report 2016/17 Welcome to our annual round-up of how we performed last year. Radian has had a great year seeing our lowest arrears performance to date, our lowest average time to re-let

More information

Lender SMSF. Bare Trustee. Vendor SMSF BORROWING - QUESTIONS AND ANSWERS

Lender SMSF. Bare Trustee. Vendor SMSF BORROWING - QUESTIONS AND ANSWERS As a market leader in SMSF borrowing documentation, Topdocs has compiled a list of commonly asked questions regarding SMSF borrowing arrangements (formally known as limited recourse borrowing arrangements

More information

Audio #26 NRAS NRAS

Audio #26 NRAS NRAS NRAS Dymphna: Welcome everybody to iloverealestate.tv. Great to have you guys listening again and once again, I have a fabulous guest speaker to come and talk to you. Now we re talking about something

More information

Fairway Crest 302 College Road KARANA DOWNS QLD 4306

Fairway Crest 302 College Road KARANA DOWNS QLD 4306 Fairway Crest 302 College Road KARANA DOWNS QLD 4306 BMT Tax Depreciation 27 February, 2018 Level 7, 320 Adelaide Street Brisbane QLD 4000 GPO Box 3229 Brisbane QLD 4001 t 07 3221 9922 f 07 3221 9933 e

More information

Our Architecture & Design

Our Architecture & Design Simply living. Contents Our Homes 3 Our Expertise 5 Our Architecture & Design 6 Our Difference 7 Lifestyle & Location 8 The Investment 10 Financial Partners 11 Pre-site Process 12 First Home Owners 13

More information

REGISTRATION FORM. Name: Partner Name: Address: City: State: ZIP: Cell Phone: Business Phone: Seminar Date: Seminar Location:

REGISTRATION FORM. Name: Partner Name: Address: City: State: ZIP: Cell Phone: Business Phone:   Seminar Date: Seminar Location: REGISTRATION FORM With attached Non-Disclosure Agreement and Earning Disclaimer Please Read, Sign & Initial Each Page! FAX all Pages! FAX all Pages To (858) 999-2018 ASAP > PLEASE BRING THE ORIGINALS WITH

More information

Property Management. Guide

Property Management. Guide Property Management Guide IMPORTANT NOTICE: The information contained within this book is designed to provide an overview of the considerations required for ownership of an investment property. Readers

More information

T Buying your shared ownership home

T Buying your shared ownership home www.redwingliving.co.uk T 0344 7360063 Buying your shared ownership home Buying your shared ownership home Shared ownership is the affordable way to buy a home and is designed to help you step onto the

More information

Select Portfolio Management, Inc May 20, 2016

Select Portfolio Management, Inc May 20, 2016 Select Portfolio Management, Inc 26800 Aliso Viejo Parkway Suite 150 Aliso Viejo, CA 92656 949-975-7900 800-445-9822 info@selectportfolio.com www.selectportfolio.com Homeownership Page 1 of 5, see disclaimer

More information

The 7 Misleading Myths Unfairly Keeping Everyday Australians Out of the Property Market

The 7 Misleading Myths Unfairly Keeping Everyday Australians Out of the Property Market FREE Report Reveals The 7 Misleading Myths Unfairly Keeping Everyday Australians Out of the Property Market Make sure you have the right information and the truth Call us today on 1300 522 562 or email

More information

Home Selling Made Simple

Home Selling Made Simple Home Selling Made Simple Table of Contents Introduction...4 Determining Your Asking Price...5 Should You Sell Solo?...6 Tips On Advertising Your Home For Sale...8 Building Rapport With Homebuyers...10

More information

5 Keys. To Increase Your Wealth in 2012 COACHING

5 Keys. To Increase Your Wealth in 2012 COACHING 5 Keys To Increase Your Wealth in 2012 COACHING 5 Keys to Increase Your Wealth in 2012 While the pundits may differ on what the future of real estate holds, you can make 2012 one of your best investing

More information

JEFFREY SAMUELS. Welcome! Maximize Your Real Estate Value!

JEFFREY SAMUELS. Welcome! Maximize Your Real Estate Value! Welcome! We look forward to speaking with you about the future sale of your home. We are confident you will feel that the programs we outline for you will provide you with the greatest possibility of selling

More information

LEASEHOLD PROPERTY CLIENT GUIDE

LEASEHOLD PROPERTY CLIENT GUIDE CLIENT GUIDE LEASEHOLD PROPERTY As the owner of a Leasehold property, it is in your own interest to understand the legal nature of the ownership. What exactly do you own and what are the associated rights

More information

THE SIGN OF EXPERIENCE

THE SIGN OF EXPERIENCE THE SIGN OF EXPERIENCE Glenda Worrall is the Principal of Elite Properties Townsville. Glenda has been a multi award winning Real Estate Agent for many years in Townsville and her professional advice,

More information

Description of the RICS HomeBuyer (Survey & Valuation) Service

Description of the RICS HomeBuyer (Survey & Valuation) Service Description of the RICS HomeBuyer (Survey & Valuation) Service The service The RICS HomeBuyer (Survey & Valuation) Service includes: an inspection of the property (see The inspection ) a report based on

More information

6 COSTLY MISTAKES TO AVOID WHEN BUYING A PROPERTY IN CYPRUS

6 COSTLY MISTAKES TO AVOID WHEN BUYING A PROPERTY IN CYPRUS 6 COSTLY MISTAKES TO AVOID WHEN BUYING A PROPERTY IN CYPRUS CONTENTS MISTAKE 1 USING AN UNREGISTERED & LICENSED ESTATE AGENT MISTAKE 2 USING AN UNKNOWLEDGEABLE AGENT MISTAKE 3 VIEWING PROPERTIES WITHOUT

More information

Additional Information Booklet

Additional Information Booklet Additional Information Booklet Exciting Investment Opportunity Starting from $ 390,000 No Vacancy for 10 years No Maintenance for 10 years Safe & Secure Investment Opportunity Would you like a hassle free

More information

233 Maroondah Highway RINGWOOD, VIC 3134

233 Maroondah Highway RINGWOOD, VIC 3134 233 Maroondah Highway RINGWOOD, VIC 3134 18 March, 2016 Jellis Craig Hawthorn Level 4 248 Burwood Road HAWTHORN, VIC 3122 Dear Sir/Madam, 233 Maroondah Highway, RINGWOOD, VIC 3134 - Please find attached

More information

Common mistakes people make when moving house ( and how to avoid them)

Common mistakes people make when moving house ( and how to avoid them) Common mistakes people make when moving house ( and how to avoid them) For many people buying or selling a home is an extremely stressful experience. Usually the process involves a chain of transactions

More information

HOW TO FIND, INVEST AND FIX HOUSES FOR PROFIT

HOW TO FIND, INVEST AND FIX HOUSES FOR PROFIT HOW TO FIND, INVEST AND FIX HOUSES FOR PROFIT Thanks for downloading this PDF. At some point in the process of finding, fixing and flipping houses, all investors are going to at least one problem for which

More information

NSW s leading residential property valuers

NSW s leading residential property valuers NSW s leading residential property valuers NSW Valuation Services are New South Wales leading residential property valuers. With a proven track record of providing high quality and efficient service to

More information

Sell Your House in DAYS Instead of Months

Sell Your House in DAYS Instead of Months Sell Your House in DAYS Instead of Months No Agents No Fees No Commissions No Hassle Learn the secret of selling your house in days instead of months If you re trying to sell your house, you may not have

More information

How Selling Your House to a Real Estate Investor Stacks Up Against Your Other Options

How Selling Your House to a Real Estate Investor Stacks Up Against Your Other Options How Selling Your House to a Real Estate Investor Stacks Up Against Your Other Options Pros, cons, costs, and timeline of each option So, you need to sell your house. Selling in a market like today s can

More information

Leasing versus Buying Business Location

Leasing versus Buying Business Location Brief #04.54 Latest Revision: 01/2014 Southern Ohio Chapters Leasing versus Buying Business Location Should you lease business property for your factory, warehouse, store or office, or should you buy it?

More information

The advantages and disadvantages of private selling

The advantages and disadvantages of private selling The advantages and disadvantages of private selling Copyrights belong to Lizette Vilonel of Meridian Finance and Properties (http://meridianfinance.co.za/). Free distribution of this publication is allowed,

More information

The difference is experience.

The difference is experience. The difference is experience. CONTENTS Why choose Greg Hocking Real Estate to manage your property? 3 Maximise your investment 3 Marketing your property 4 Key websites 4 Professional photography 4 For

More information

Local Government Area Statistics Report Suburban Melbourne

Local Government Area Statistics Report Suburban Melbourne Generated by: Investors Choice Mortgages Australian Credit Licence # 391985 VIC Contact Details Jane Slack Smith Local Government Area Statistics Report Suburban Melbourne Mobile: 0432 687 560 Ph: 1800

More information

/your guide to buying at auction. brad bell

/your guide to buying at auction. brad bell /your guide to buying at auction brad bell It may seem difficult, or even daunting, but the truth is there are many advantages of purchasing at auction. When the buyer and seller meet, and a conclusive

More information

Phase A - Tax Depreciation Estimate

Phase A - Tax Depreciation Estimate Phase A - Tax Depreciation Estimate 2-6 Lord Street RICHMOND, VIC 3121 x x BMT Tax Depreciation Property Depreciation and Construction Cost Consultants ABN 44 115 282 392 May 1, 2009 Level 50, 120 Collins

More information

Bayline Apartments 22 Bay Terrace WYNNUM, QLD 4178

Bayline Apartments 22 Bay Terrace WYNNUM, QLD 4178 Bayline Apartments 22 Bay Terrace WYNNUM, QLD 4178 7 September, 2015 Brice Family Office 9 St Pauls Terrace SPRING HILL, QLD 4004 - Dear Sir/Madam, Please find attached the BMT Tax Depreciation Estimates

More information

I ve heard it is possible to use the same deposit to buy multiple houses. How do you do that?

I ve heard it is possible to use the same deposit to buy multiple houses. How do you do that? Fs Where do you invest? We invest in the UK s #1 BTL hotspot, the East Midlands. Growth in the East Midlands has been second only to some London Boroughs in recent reports. That, coupled with the fact

More information

MARKETING PRESENTATION

MARKETING PRESENTATION MARKETING PRESENTATION www.homesin.com REDEFINING SERVICE IN REAL ESTATE Selling a home in today s market can be challenging - the HomesIn Team understands that. While the market can be challenging, hundreds

More information

Real Estate Advisory Services. Legal advice and specialist property services for investment, development and management

Real Estate Advisory Services. Legal advice and specialist property services for investment, development and management Real Estate Advisory Services Legal advice and specialist property services for investment, development and management Real Estate Advisory Services Everything you would expect from real estate legal experts,

More information

Home buying tips / Eight steps to buying your home

Home buying tips / Eight steps to buying your home Home buying tips / Eight steps to buying your home The below info is to provide guidance mainly to new buyers. As your agent I will help and guide you with all of the below so you can focus on enjoying

More information

Home Buyer s Guide. Everything you need to know before buying a home

Home Buyer s Guide. Everything you need to know before buying a home Home Buyer s Guide Everything you need to know before buying a home A real estate transaction is one of the biggest financial transactions most people will do in a lifetime. Understanding the buying process

More information

A Guide To Fully Managed Property Investments (0)

A Guide To Fully Managed Property Investments (0) A Guide To Fully Managed Property Investments + 44 (0) 1708 922 222 info@sterlingwoodrow.co.uk www.sterlingwoodrow.com 1 Contents Introduction 3 4 6 8 13 14 17 18 19 21 Introduction Facts & Figures The

More information

GOVERNMENT PROPERTY AUCTIONS E-BOOK

GOVERNMENT PROPERTY AUCTIONS E-BOOK GOVERNMENT PROPERTY AUCTIONS E-BOOK Creative Strategies To Increase Your Property Portfolio Check us out on Facebook! www.governmentpropertyauctions.com.au Table of contents: Government Property 1 Auctions

More information

A home of your own SHARED OWNERSHIP (PART BUY/PART RENT)

A home of your own SHARED OWNERSHIP (PART BUY/PART RENT) A home of your own SHARED OWNERSHIP (PART BUY/PART RENT) www.graingerplc.co.uk Shared Ownership Home ownership is something prior generations took for granted. Now, with rising house prices and rising

More information

Buying Off The Plan. Your comprehensive guide to buying residential or investment property off the plan.

Buying Off The Plan. Your comprehensive guide to buying residential or investment property off the plan. Buying Off The Plan Your comprehensive guide to buying residential or investment property off the plan. For more information on your personal needs please call or email: P: +61 7 3358 2399 І E: info@lawstore.com.au

More information

Contents. What type of property can I look at? Welcome to Co-Ownership. Important things to remember. What s a shared ownership plan?

Contents. What type of property can I look at? Welcome to Co-Ownership. Important things to remember. What s a shared ownership plan? Co- Own Contents 7 8 11 12 14 15 Welcome to Co-Ownership What s a shared ownership plan? Why choose Co-Own? Weighing up your options How do I get started? Step by step 16 17 19 20 22 26 What type of property

More information

YOUR GUIDE TO SHARED OWNERSHIP. A guide to Shared Ownership

YOUR GUIDE TO SHARED OWNERSHIP. A guide to Shared Ownership YOUR GUIDE TO SHARED OWNERSHIP A guide to Shared Ownership WHAT IS SHARED OWNERSHIP? Shared Ownership is a government scheme aimed to help buyers get on to the property ladder. You only need to afford

More information

A guide to. Shared Ownership. for you - for your community - not for profit.

A guide to. Shared Ownership. for you - for your community - not for profit. A guide to Shared Ownership www.tworivershousing.org.uk for you - for your community - not for profit What is Shared Ownership? Shared Ownership is an affordable way to buy your own home. With Shared Ownership

More information

Letting your property with sbliving

Letting your property with sbliving Letting your property with sbliving making moving easy for you Tailor-made services at great prices Transparent fees and charges No tenant, no fee policy Genuine 24/7 maintenance and repair services Free,

More information

WESTERN SPECIALTY CONTRACTORS. Property Inspections. The Critical First Step

WESTERN SPECIALTY CONTRACTORS. Property Inspections. The Critical First Step WESTERN SPECIALTY CONTRACTORS Property Inspections The Critical First Step How to Use a Building Component Inventory to Provide Clients More Value Are you preparing to launch a new or revamped maintenance

More information

MARCH GUIDE TO BUILDING CONDITION ASSESSMENTS and RESERVE FUND STUDIES

MARCH GUIDE TO BUILDING CONDITION ASSESSMENTS and RESERVE FUND STUDIES MARCH 2018 GUIDE TO BUILDING CONDITION ASSESSMENTS and RESERVE FUND STUDIES Contents What This Guide Covers... 3 Why Your Co-op Needs a BCA and RFS... 3 The BCA and RFS... 4 What is a building condition

More information

2015 National Nominating Committee Public Questionnaire

2015 National Nominating Committee Public Questionnaire 2015 National Nominating Committee Public Questionnaire 1. Why do you want to serve as President of the Appraisal Institute and what experience, AI and otherwise, makes you uniquely qualified to serve

More information

This Sold House, Staging Your Home To Sell In Today's Market By Diane Keyes READ ONLINE

This Sold House, Staging Your Home To Sell In Today's Market By Diane Keyes READ ONLINE This Sold House, Staging Your Home To Sell In Today's Market By Diane Keyes READ ONLINE Get 133 ways to sell your home, no matter the circumstance! No matter how you choose to put your home on the market,

More information

Cash Flow for Life #3 September 2014

Cash Flow for Life #3 September 2014 Cash Flow for Life #3 September 2014 NOTE: Hold CTRL when clicking a link so it opens in a new browser window. Dear, Cash flow, cash flow, cash flow, I said as my 4-year-old son looked up in my eyes. We

More information

Winston Ho (508) compliments of: Winston Ho Keller Williams Realty 124 Grove St, #240 Franklin, MA 02038

Winston Ho (508) compliments of: Winston Ho Keller Williams Realty 124 Grove St, #240 Franklin, MA 02038 Winston Ho (508) 613-2882 Winston@HoHomes.com compliments of: Winston Ho Keller Williams Realty 124 Grove St, #240 Franklin, MA 02038 selling your home It s all about you The home selling process Frequently

More information

How to use home valuations to connect with prospects and build your business

How to use home valuations to connect with prospects and build your business How to use home valuations to connect with prospects and build your business Using Homes.com Home Values to make connections and build business By Charles Warnock, Homes Media Solutions In recent years,

More information

Real Estate Accounting

Real Estate Accounting Real Estate Accounting Course Instructions and Final Examination The CPE Store 819 Village Square Drive Tomball, TX 77375 1-800-910-2755 Real Estate Accounting Table of Contents Page Course Objectives...

More information

Financing Capital Expenditures

Financing Capital Expenditures Financing Capital Expenditures EVALUATING THE PRIMARY OPTIONS By xxxx xxxxxx Periodic capital expenditures are vital to an organization s ability to maintain and expand operations, build revenue and enhance

More information

Resales Selling your shared ownership property

Resales Selling your shared ownership property Resales Selling your shared ownership property 1 Contents Resales What it costs How to sell General information 03 04 06 08 Resales If you want to sell your shared ownership home this is a resale. The

More information

OPTIVO S GUIDE TO SHARED OWNERSHIP

OPTIVO S GUIDE TO SHARED OWNERSHIP OPTIVO S GUIDE TO SHARED OWNERSHIP Are you interested in Shared Ownership, but don t know much about it? Our handy guide is here to help. If you re struggling to buy your own home, Shared Ownership could

More information

Guide to Renting. Real Estate. Real Estate

Guide to Renting. Real Estate. Real Estate Guide to Renting. 1 2 Guide to renting your home For some people, finding the right rental home can be a frustrating experience. Call a local Elders specialist in your area today to find out how we can

More information

Speaker Kit. Best-selling author, property developer, philanthropist, co-operative investment expert, entrepreneur, radio presenter &

Speaker Kit. Best-selling author, property developer, philanthropist, co-operative investment expert, entrepreneur, radio presenter & Speaker Kit Best-selling author, property developer, philanthropist, co-operative investment expert, entrepreneur, radio presenter & experienced media communicator, Founder of Brickraise Australia s first

More information

2016 LANDU Course Descriptions. Agricultural Land Brokerage and Marketing

2016 LANDU Course Descriptions. Agricultural Land Brokerage and Marketing 2016 LANDU Course Descriptions Agricultural Land Brokerage and Marketing Gain an understanding of the basics of agricultural land brokerage process s well as insights on how to best market these types

More information

ONE COPYRIGHTED MATERIAL. Introduction to Property Management SECTION

ONE COPYRIGHTED MATERIAL. Introduction to Property Management SECTION SECTION ONE Introduction to Property Management COPYRIGHTED MATERIAL CHAPTER 1 The Benefits of Managing Properties Once you start buying and renting out property, it won t take long to figure out that

More information

Buyers Guide to REO Properties

Buyers Guide to REO Properties 2010 Buyers Guide to REO Properties Mike Bridges Property Express CRM 2/22/2010 Table of Contents Table of Contents... 2 Introduction... 3 What are REO Properties?... 3 The Buying Process... 3 Select a

More information

International Financial Reporting Standards (IFRS)

International Financial Reporting Standards (IFRS) FACT SHEET February 2011 IAS 40 Investment Property (This fact sheet is based on the standard as at 1 January 2011.) Important note: This fact sheet is based on the requirements of the International Financial

More information

International Buyer s Guide to US Real Estate

International Buyer s Guide to US Real Estate International Buyer s Guide to US Real Estate INTERNATIONAL BUYER S GUIDE TO US REAL ESTATE Table of Contents Introduction 3 Common Real Estate Practices in the Us 4 The MLS Commission Buying Your Home

More information

The top 25 blogs for beginner real estate estate investors to learn the ins and from their shrewd investment strategies - including real estate

The top 25 blogs for beginner real estate estate investors to learn the ins and from their shrewd investment strategies - including real estate Real Estate: 25 Best Strategies For Real Estate Investing, Home Buying And Flipping Houses (Real Estate, Real Estate Investing, Home Buying, Flipping Houses,... Income, Investing, Entrepreneurship) By

More information

What Everyone Should Know About. The Mason Hill Real Estate Investment Model

What Everyone Should Know About. The Mason Hill Real Estate Investment Model Turnkey Cash Flow What Everyone Should Know About The Mason Hill Real Estate Investment Model How a new kind of real estate investment can produce a 14% to 26% cash-on-cash return, year after year... even

More information

Your Guide to Resales

Your Guide to Resales Your Guide to Resales How To Sell Your Shared Ownership Home Resales Selling your Home with Estuary Housing Association Limited As a Shared Owner with Estuary Housing Association Limited (EHA), we recognise

More information

The Marketing Action Plan

The Marketing Action Plan The Marketing Action Plan The following is your customized Marketing Plan designed specifically to help us achieve the successful sale of your home. Your Price This is the most important decision we make

More information

THE CONSUMERS GUIDE TO REAL ESTATE STAGING

THE CONSUMERS GUIDE TO REAL ESTATE STAGING THE CONSUMERS GUIDE TO REAL ESTATE STAGING Definition of Staging Real Estate Staging is the act of preparing and showcasing residential or commercial property for sale. It is a systematic and coordinated

More information

SPECIAL REPORT. How To Sell The House You No Longer Want

SPECIAL REPORT. How To Sell The House You No Longer Want SPECIAL REPORT How To Sell The House You No Longer Want SPECIAL REPORT How To Sell The House You No Longer Want If you purchased a second home or investment property while the real estate boom was still

More information

FREQUENTLY ASKED QUESTIONS

FREQUENTLY ASKED QUESTIONS FREQUENTLY ASKED QUESTIONS Can I see all my viewings, feedback and offers? You will be able to see all viewings, feedback and offers through our website. We will automatically obtain feedback from anyone

More information

A guide to. Shared Ownership

A guide to. Shared Ownership A guide to Shared Ownership V1. August 2016 What is Shared Ownership? Shared Ownership is an affordable way to buy your own home. With Shared Ownership you can part-rent and part-buy a property. If you

More information

FREE ESTIMATE. How to: to complete these forms simply click the grey box and type your response.

FREE ESTIMATE. How to: to complete these forms simply click the grey box and type your response. FREE ESTIMATE FREE How to: to complete these forms simply click the grey box and type your response. 1. Your Details Full Name of Owner(s): Full name of the owners as it appears on the Contract of Sale.

More information

urban Real Estate Services Ltd. SAVE YOUR MONEY, INVEST IT BACK INTO YOUR BUSINESS, GROW IT FURTHER

urban Real Estate Services Ltd. SAVE YOUR MONEY, INVEST IT BACK INTO YOUR BUSINESS, GROW IT FURTHER www.urban-realty.ca urban Real Estate Services Ltd. OUR GOAL IS SIMPLE TO ENHANCE REAL ESTATE CAREER, ONE REALTOR AT A TIME SAVE YOUR MONEY, INVEST IT BACK INTO YOUR BUSINESS, GROW IT FURTHER With over

More information

Shared ownership A buyer s guide. Sharing your future Living your dreams

Shared ownership A buyer s guide. Sharing your future Living your dreams Shared ownership A buyer s guide Sharing your future Living your dreams Shared ownership A buyer s guide Contents Shared ownership gives you and your family the opportunity to step onto the property ladder

More information

2017 BREGLIO LAW OFFICE FORMS & VIDEO FEE LIST

2017 BREGLIO LAW OFFICE FORMS & VIDEO FEE LIST 2017 BREGLIO LAW OFFICE FORMS & VIDEO FEE LIST COMBO PACKAGE DEALS SAVE P1 ALL FORMS AND VIDEOS $3,995 $1,165 P2 ALL VIDEOS $795 $205 P3 SELLER FINANCING PACKAGE (F1, F2, V5, V6, & V7) $1,195 $392 P4 WHOLESALING

More information

FACT SHEET. October Property inspections

FACT SHEET. October Property inspections Property inspections Property inspections and reports Avoid problems and extra costs later on by knowing as much as you can about the condition of a property before you buy. Besides inspecting the property

More information

Real Estate Investing Specialist. Realtor Specializing ONLY with Investors. Member of Re/Max s 100% Club in 2016.

Real Estate Investing Specialist. Realtor Specializing ONLY with Investors. Member of Re/Max s 100% Club in 2016. Real Estate Investing Specialist Realtor Specializing ONLY with Investors Member of Re/Max s 100% Club in 2016 Author of 3 Books Mat Piche - Real Estate Investment Authority/Author Ph: (519) 497-5230 Email:

More information

Individual Property Report. Cambooya Toowoomba, QLD 4358, Australia

Individual Property Report. Cambooya Toowoomba, QLD 4358, Australia Individual Property Report Address: Cambooya Toowoomba, QLD 4358, Australia Contents Your Property Risk Summary Property Details Suburb Metrics Market Overview Equity Risk Factors Cash Flow Risk Rating

More information

10 Tips for Real Estate Investors

10 Tips for Real Estate Investors 10 Tips for Real Estate Investors FINANCIAL ADVISORS TRUSTWORTHY BY DESIGN SM When you buy a home, people often remind you it could be the biggest investment you will ever make. But should you use that

More information

Who Are We? OUR MISSION

Who Are We? OUR MISSION Who Are We? In Integrity Investments LLC is a professional, full service real estate solutions firm that buys and sells properties throughout the Northen Nevada and Denver area. We specialize in buying

More information