Hi I am a newbie looking for information on best places to invest in property. Have recently had meetings with a property strategist, but not sure if the information that they tap into comes too late. Also looking into Terry Ryder articles, but once again not sure Live in Sydney, and work in retail management. 10 years to retirement and need to reduce taxable income as well as create future self retiree funds Looking forward to reading the forums
Welcome! Glad you found the forum, it is undoubtably the best resource for a new investor to find. What did the property strategist advise? I'd avoid Ryder Recommnedations but instead suggest you sign up for Herron Todd White monthly reviews and CoreLogic reports, much better information there. Here's a good one to start with- http://www.corelogic.com.au/resources/pdf/reports/CoreLogic Investor Report_June 2016.pdf Do you currently own any assets?
10 years. You'll want to play your cards well and not just rely on the market to do its thing. As House asked, what's your asset position look like (cash, shares, super, property etc)? And how's your household income? Also consider, property may not be the best option, depends on lots of variables.
Maximum Deductions - Washington Brown Depreciation At Washington Brown, our average property depreciation report claims are over $9,500 in the first year. That’s $9,500 that you could be reducing your taxable income by. Our team can conduct a free assessment to find out how much you can save. » Get a Free Quote Now