Good news – only applies to properties purchased after 9th of May 2017

The Federal Government has proposed adjustments to depreciation legislation in the 2017 Budget.

Under the new rules which are yet to be legislated by Parliament, investors will be able to depreciate new plant and equipment assets within a new property and items they add to their property; however subsequent owners who acquire a property after 9th of May 2017 will not be able to claim depreciation on existing plant and equipment assets.

Investors will still be able to claim qualifying capital works deductions, including any additional capital…

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A common mistake that many property investors make is assuming that all property management is the same. This assumption can often lead to landlords choosing the cheapest service on the market, as they feel there is nothing to differentiate agencies from one another. Many landlords don’t realise is that choosing the cheapest property management team can become an expensive mistake in the long term. The team at Hudson Bond Real Estate explain why you shouldn’t choose a property management team based on fee in our latest blog post.

Budget costs, budget service

When choosing a property management team, you want…

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The march of apartment living into Melbourne's outer east has gained pace over recent years, with suburbs not generally accustomed to apartment living now attaining their own share of the expanding apartment market pie.

The latest suburb to enter the fray is Bayswater, with a nine level residential building slated for 711-717 Mountain Highway. The prospective apartment project represents Bayswater's first entry into the Urban Melbourne Project Database, and enforces the growing presence of apartment projects in areas that were until a short time ago the exclusive domain of detached housing.

Hudson Bond Commercial handled 711-717 Mountain Highway's sale last…

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Renting your investment property out to family or friends can sound like an ideal situation, however it can quickly turn into a wolf in sheep’s clothing. What may seem sensible to begin with, renting to family and friends can cause problems if the right measures are not implemented.

Tenants who are overly close with their landlords will sometimes take advantage of the situation, even if it is unintentional. Whether it’s delayed rent payments or a below market value rent, friends and family members will generally feel more comfortable and may not treat your rental agreement seriously.

It can be particularly…

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