How Constructive Trusts and Caveats Safeguard Property
From www.bartier.com.au: A caveat can be registered on property titles to protect a person’s legal or equitable interest, which is recognized under the Real Property Act 1900 (NSW).… read more
Property
Spouse of citizen triggers Vic. foreign purchaser additional duty
From sladen.com.au: A property buyer in Victoria, Ms. Sim, was denied an exemption from the foreign purchaser additional duty due to the property being legally transferred solely into her name, despite her Australian spouse funding the purchase.… read more
Year End Tax Strategies For Property Investors
From www.bantacs.com.au: Property investors should be aware of year-end tax strategies, particularly regarding deductions for general expenses and property repairs.
It’s essential to distinguish between repairs, which are deductible if incurred before the financial year ends, and improvements that are not.… read more
Property ownership in personal names – factors to consider
From prosolution.com.au: Investors have three options for personal property ownership: joint ownership, sole ownership, and tenants-in-common (TIC), each offering unique benefits.
Sole ownership can maximize tax savings and minimize land tax liabilities, while joint ownership simplifies estate planning and reduces capital gains tax liabilities.… read more
Rent Reviews in Commercial and Retail Leases
From pcllawyers.com.au: Rent reviews in commercial and retail leases adjust rents to reflect market conditions, using annual increases or market rent reviews.
Independent valuations can play a role in resolving disputes over proposed rent changes.… read more
Superannuation Planning on Sale of a Property
From www.bantacs.com.au: Selling an investment property often results in significant capital gains, which can incur high tax liabilities; therefore, strategic planning around superannuation contributions is essential to mitigate these taxes.… read more
Trust land under the Land Act 1994 (Qld)
From www.claytonutz.com: Amendments to Queensland’s Land Act 1994 in 2024 expanded the scope for trustees of trust land to undertake actions that may conflict with the original purpose of the land, while still requiring management in line with that purpose.… read more
Financing Options for Australian Expats in Saudi Arabia
From atlaswealth.com: Australian expats living in Saudi Arabia face unique challenges when seeking financing for property purchases back home, particularly due to conservative lending policies affecting their foreign income.… read more
The Absentee (Foreigner) Land Tax Surcharge and Exemptions
From pointonpartners.com.au: The Absentee (Foreigner) Land Tax Surcharge in Victoria is a tax applied to foreign property owners, set to increase to 4% starting in 2024, covering all land types.… read more
Is a commercial property collapse behind Chalmers’ APS prune?
From www.themandarin.com.au: Treasurer Jim Chalmers announced that the Albanese government plans to achieve around $6.4 billion in budget savings by reducing non-wage expenses, including commercial property leases, due to the commitment to flexible work arrangements.… read more
Home Loan Pre-Approval for Expats: Your Borrowing Power
From atlaswealth.com: Australian expats seeking to buy property in Australia can determine their borrowing capacity through the home loan pre-approval process, which assesses their financial situation, including income, expenses, credit history, and liabilities.… read more
Fintechs Transforming Real Estate Investments
From www.ibtimes.co.uk: (US context) Fintech companies are transforming real estate investments by enhancing efficiency, transparency, and accessibility through innovative technologies.
They facilitate access to institutional-quality deals for mid-market investors, automate various aspects of investor management, and provide tools for debt and equity financing.… read more
Green loans to make your home more energy efficient
From moneymag.com.au: Australian homeowners are increasingly interested in green loans to finance energy-efficient home renovations, supported by government incentives and specialised loan options.
Various lenders offer these loans at lower interest rates, aiming to improve home energy performance and reduce costs.… read more
Are property plans worth paying for?
From prosolution.com.au: Property planning services in Australia typically cost between $4,000 and $5,000 and focus on evaluating borrowing capacity and cash flow for building a property portfolio.… read more
How property transactions are impacted by merger regime
From www.claytonutz.com: Starting January 1, 2026, certain high-value acquisitions of Australian real estate must be notified to the ACCC and cleared before completion, alongside existing foreign investment regulations.… read more