End of financial year tips
End of financial year provides important opportunities for investors.
To make sure you’re maximising the return on your investment, speak to your property manager about any repairs or renovations that he or she would recommend you make to improve the rental return on your property.
Then, discuss this list with your financial advisor and decide whether it’s best for you to invest any disposable income in some improvements.
Obtaining a Tax Depreciation schedule could make a big difference to the efficiency with which your investment is being managed so ask your advisor about that as well.
Your First National property manager can put you in contact with experts in the field of Tax Depreciation.