Investing in property has long been a cornerstone of wealth-building in Australia. With evolving urban landscapes and changing lifestyle preferences, townhouses have emerged as a compelling choice for many investors. But are they a smart investment in the current Australian market? From the eyes of a property accountant, let’s dive into the pros, cons, and […]
Are Townhouses a Smart Investment in Australia? Read More »
If you’re buying property in Victoria, Australia, understanding stamp duty is essential. Stamp duty is a tax levied by the state government on property transactions (as well on the sale of motor vehicles). This guide will help you understand the basics of stamp duty on property transactions, how it’s calculated, and whether you’re eligible for
How Much Is Stamp Duty in Victoria? Read More »
Rentvesting is a strategy that allows Australians to live where they like and have a rental property in a place that they would prefer not to live in. For example, if you work in the Melbourne CBD and prefer the lifestyle there, you can rent in the city while buying an investment property in a
What Is Rentvesting and Is It Right for You? Read More »
Many are unaware that ATO Withholding Clearance Certificate is issued by the Australian Taxation Office (ATO). The WCC attests to the fact that, for the purposes of taxation, a property seller is an Australian resident. 15% of the purchase price will need to be withheld by the buyer at settlement if the seller is unable
Guidelines to ATO Withholding Clearance Certificates for Properties Read More »
