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5 Top Tips for Switching from Owner-Occupied to Investment Property 

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Looking to turn your home into an investment property?
It can be a smart financial move to have rental income to cover your mortgage and other expenses and even save up for retirement.
But before you switch from being an owner-occupier to an investor, there are some important factors to consider. And in today's video, I will reveal my top 5 considerations you must know before making the transition.
I'll also share tips and insights to help you minimise risks and make informed decisions that will work in your favour, so make sure to stay tuned until the end!
0:00 - Intro
1:05 - Making sure you have enough funds
1:38 - Is your home appealing to the rental market?
2:32 - Make sure you account for tax
3:22 - Communicating with your home loan provider
4:04 - Claiming depreciation
5:16 - Final thoughts
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Tuan is the Director of Duo Tax Quantity Surveyors. For the past five years, he and his team have helped thousands of property investors maximise their tax deductions through the power of tax depreciation schedules. As an avid property investor himself, his mission is to help all property investors get the most value out of their investments.
Contact us:
duotax.com.au/getaquote/
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Connect
Website: duotax.com.au/
Facebook: duotax/
LinkedIn: www.linkedin.com/company/duo-tax-quantity-surveyors/
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Video Produced by Social Wave
socialwave.com.au/

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21 мар 2023

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Комментарии : 3   
@kimliennguyen8284
@kimliennguyen8284 Год назад
Hi I m interested in your service. How can i get I touch please
@janukachaudhary1388
@janukachaudhary1388 13 дней назад
Is it possible to change my primary home that is paid off into investment property?
@DuoTax
@DuoTax 12 дней назад
Yes, you can change switch your primary home to an investment property anytime regardless if it is paid off or has a loan outstanding on it. Once the property is considered an investment, you can order a tax depreciation schedule and start claiming on the buildings wear and tear. 😉
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