Michael Ferella, Director of Momenta Advisors, provides an overview of the loss of Capital Gains Tax Main Residence Exemption for Foreign Residents. What are the changes? There are special capital gains tax (CGT) rules you need to know if you’re a foreign resident for tax purposes. The government had previously announced a measure to remove […]
Read MoreWhy is there so little property for sale in Winter? At this time of year, we are used to scarce listings and it’s common for real estate agents to take some time off and take some downtime. This year is no different, with stock levels typically low. Some agents are saying that listings are down even […]
Read MoreWhen headlines are negative and talk is all about falling property prices, investors get very nervous and start thinking about selling. And sometimes it’s a good idea to cut your losses. But before deciding whether to sell or hold investment property it’s a good idea to rewind a bit and look at your original goals. […]
Read MoreIs there such thing as buying a bargain when it comes to property? Some experts are fond of saying you make money when you buy, therefore you should try to buy as low as possible. It seems logical, but you should never sacrifice investment fundamentals in order to buy a bargain. Here’s why: Poor quality property […]
Read MoreA while ago an article appeared in the Australian Financial Review* called “Home Buyers Agents: What You Need To Know” and it made a lot of good points. Fundamentally, the article is questioning: are buyers agents worth the money? I felt there was more that needed to be said to help readers make informed decisions. The article […]
Read MoreIt appears that the market is coming to a halt with agents reporting new listings are dwindling due to vendors who don’t need to sell staying put. That could mean there will be a Mexican standoff or maybe things will swing momentarily in the favour of financed buyers. Beware though, for there are 7 mistakes […]
Read MorePeople in the process of buying or selling property at the moment are understandably worried about what affect the Coronavirus pandemic will have on property prices in Sydney and across the country, particularly in light of the impact it is expected to have on the economy as a whole. Of course, these circumstances are unprecedented, […]
Read More3 Big Challenges All Property Buyers Face Real estate is a tricky and expensive business so you really don’t want to go in to a property purchase lightly. Buying property in an uncertain market is even trickier and we have noticed over the years there are three big challenges all buyers face. That’s right, ALL […]
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