Tips and Inspiration for Savvy Property Investors [August 2024 Newsletter]

August 31, 2024

Investing in property can be a great way to build wealth, but there are many myths that can mislead potential investors. Our latest newsletter busts three common misconceptions:

1. Property investing is only for the wealthy

You don’t need to be rich to invest in property. Many Australians use their existing capital or refinance to fund their investments.

2. You should only buy in familiar locations

Expanding your search beyond familiar areas can open up better investment opportunities.

3. Claiming depreciation raises the property’s cost base

Taking advantage of deductions is essential for optimising your cash flow.

Understanding these myths can help you make more informed investment decisions. Plus, we’ve included key tips on managing Capital Gains Tax (CGT) effectively, so you’re prepared when it comes time to sell your property.

Download the full August newsletter below for in-depth insights on property investment, and make sure you subscribe to stay updated with expert tips to guide your investment journey.

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