Melbourne Vic Property Investment Experts Reveal New Case Study for AU Tax Break

Property investment experts in Melbourne Vic, The Successful Investor, reveal a new case study that demonstrates how Australian investors can still claim tax deductions from the AU tax office.

Richmond, Australia – January 30, 2019 /PressCable/ —

Property investment experts in Melbourne Vic, The Successful Investor, reveal a new case study. This case study demonstrates how Australian investors, on an average PAYG income, can still claim tax deductions following recent changes to depreciation rules from the Australian tax office.

The case study also shows how an average Australian couple can still take advantage of property investing to reduce their tax bill. Prior to May 2017, it was possible to claim asset depreciation on an old property bought for investment purposes. Since this date, this is no longer possible. However, as Michael Sloan of The Successful Investor notes, it is still possible to take advantage of significant tax breaks by buying new and ensuring you get the right advice for your situation.

Trent and Monique had a combined $165000 income per year. Both were PAYG earners, thus limiting possible tax deductions. The couple came to The Successful Investor looking at ways to reduce their tax expenditure while earning an income from property investing. Over the next 10 years, the investment property the couple bought with The Successful Investor’s advice, will provide the couple with $418,632 in tax deductions. This includes about $100,000 in depreciation. Had they not got the right advice, and bought an old property, this depreciation amount could not have been claimed.

The Successful Investor owner Michael Sloan (awarded “Top 10 Australian Property Specialist 2018”) says there are many people looking for insights and answers for the best property Investment advice in Melbourne Victoria. This case study reveals, in a practical way, what’s possible with the right information and guidance. Michael says: “Buying new offers lots of advantages, including less maintenance expenses, better rental returns plus it’s easier to keep the property tenanted. But the biggest reasons to buy new are the tax advantages. If you buy an old property, you could miss out on $200,000 or much more in tax deductions”.

More information about property investment is available at https://thesuccessfulinvestor.com.au/.

About The Successful Investor

The Successful Investor was founded in 1999 and serves the property investment and real estate industries. It is known for helping investors to make the most out of their property investment profits and tax breaks.

Directions.

Contact Info:
Name: Michael Sloan
Organization: The Successful Investor
Address: 610 Victoria Street Ground Floor East, Richmond, VIC 3121, Australia
Phone: +61-3-8413-8888
Website: https://www.thesuccessfulinvestor.com.au/

Source: PressCable

Release ID: 477569