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/
21 мар 2023