If you’re looking to invest in property in 2022, it’s important to understand rental yield to ensure you get a good return on your investment. Rental yield is the annual income generated from rent as a percentage of the property’s value. A higher rental yield indicates better cash flow, which
Downsizer Contributions allow people planning for retirement to contribute proceeds from the sale of their home into superannuation to help fund their own super pensions. The government passed a measure in Feb 2022 to reduce the eligibility age for making downsizer contributions from 65 to 60 years, which will come into
If you are considering buying off the plan properties, the ACT Government has further cut stamp duty for properties under $600,000 for a first home and downsizer buyers from the 1st April 2022.
Selling your backyard may mean paying tax Joe & Mary bought a home on a large block of land (1,000m2) on a corner block with two street frontages in June 200 for $350,000. The house was valued at $120,000 and the land at $230,000. Now some 13 years later, land
