http://www.wefindhouses.com.au/ We Find Houses Articles http://www.wefindhouses.com.au/?process=views/article.php&articleId=5630 http://www.wefindhouses.com.au/?process=views/article.php&articleId=5630 The global slowdown is wiping off overvaluations, bringing housing prices down, even in notoriously expensive Sydney WITH Australian house prices coming under pressure from the global financial crisis, some market participants are rubbing their hands together: home buyers, or as Jack Thompson called them in the old Bank of Melbourne ads, quot;humbarsquot;.Even first home buyers are in their best situation for many years, benefiting from a... http://www.wefindhouses.com.au/?process=views/article.php&articleId=5748 http://www.wefindhouses.com.au/?process=views/article.php&articleId=5748 http://www.wefindhouses.com.au/?process=views/article.php&articleId=5552 http://www.wefindhouses.com.au/?process=views/article.php&articleId=5552 What quot;Credit Crisisquot; ?nbsp; Yournbsp; Personal Invitation to Become a Millionaire Starts Now.nbsp; Discovering what opportunity looks like is a key principle to unlocking the secret to financial success. There are many industry experts whorsquo;ve had a lot to say about the current economic changes that we are all witnessing and I donrsquo;t feel that I have to type another long philosophical version of the same information.I would... http://www.wefindhouses.com.au/?process=views/article.php&articleId=5420 http://www.wefindhouses.com.au/?process=views/article.php&articleId=5420 Warning on Deductible Lines of CreditInterest is only deductible if it is incurred on a loan where the funds borrowed were used to produce assessable income. This means that if you bank your wages into your rental property line of credit then draw the money back out to pay off your credit card at the end of the month you will lose deductibility on the amount re borrowed to pay off the credit card. If you keep this up in about 5 years time you... http://www.wefindhouses.com.au/?process=views/article.php&articleId=5419 http://www.wefindhouses.com.au/?process=views/article.php&articleId=5419 Selling Vacant LandNo matter what your intention was with the land, the fact you do not own a home or how unfair the law is you are not entitled to the CGT main residence exemption on vacant land. This is because the exemption only applies to dwellings and the land attached. No dwelling no exemption. So build or put a caravan on the land and live there for 3 months to get the exemption back dated for 4 years before you lived there. But make... http://www.wefindhouses.com.au/?process=views/article.php&articleId=5418 http://www.wefindhouses.com.au/?process=views/article.php&articleId=5418 Main Residence TrapYou must live in a house before it can be exempted as your main residence or your spouse or children under 18 must live there. Donrsquo;t be caught out as one family did. The parents worked overseas and only came to Australia for holidays. Their children over 18 lived in their house but the parents had never lived there. Unfortunately, it was the parents, not the childrenrsquo;s name on the deed so no main residence... http://www.wefindhouses.com.au/?process=views/article.php&articleId=5416 http://www.wefindhouses.com.au/?process=views/article.php&articleId=5416 Fees For Property Investment SeminarsDespite what they say fees to seminars intended to train you in property investment are rarely deductible. You are only entitled to a deduction for the portion of the costs that can be attributed to increasing rental income, dealing with tenants or reducing expenses on repairs etc. Any costs associated with learning how to pick a good property and increase its value are not tax deductible. Please seek... http://www.wefindhouses.com.au/?process=views/article.php&articleId=5415 http://www.wefindhouses.com.au/?process=views/article.php&articleId=5415 Renting Out Your Old Home amp; Building Your Dream HomeThe interest on the loan for your new home will not be deductible. Only the interest on the loan to originally purchase your old home will be deductible against the rent. Consider one spouse buying the other spousersquo;s half of the property. The interest on the loan for that half will be deductible. Make sure you apply to the ATO for a ruling first. Explain you have a disagreement as to... http://www.wefindhouses.com.au/?process=views/article.php&articleId=5673 http://www.wefindhouses.com.au/?process=views/article.php&articleId=5673 All eyes are on Australiarsquo;s property market after the global financial crisis. It is the bellwether of Australiarsquo;s emotional health and there are few who would argue that prices are inflated and affordability is low.But if the property market was fragile before the crash, it is even more so now. Many people who suffered big losses on shares will be forced to sell property to cover margin-loan calls and other debts. Then there is the... http://www.wefindhouses.com.au/?process=views/article.php&articleId=5629 http://www.wefindhouses.com.au/?process=views/article.php&articleId=5629 Rental Property DepreciationDomestic rental properties built before July 1985 do not qualify for building write off. Do not be cohersed into paying for a quantity surveyors report just to calculate the depreciation available on the plant and equipment in the house. Unlike the building write off you are allowed to estimate the value of the plant and equipment yourself. Please seek advice on your particular circumstances before acting on this... http://www.wefindhouses.com.au/?process=views/article.php&articleId=5539 http://www.wefindhouses.com.au/?process=views/article.php&articleId=5539 Sometimes you just need to talk to someone who understands your situation and can help you discover how to move forward with your plan. Here at We Find Houses, we specialize in one on one property coaching.nbsp;Whether yoursquo;re a first time investor, or an active buyer looking to add properties to your existing portfolio, our professional team will assist you to develop an individual investment strategynbsp; to locate quality, high...