Have You Created a Proper Exit Plan for Your Business?

The vast majority of organisations around Australia can be classified as a "lifestyle" businesses. This means that they have been set up and developed over the years under the watchful gaze of the founder, and while they may have been grown to quite a significant size, they still remain in the same form and function as when they were originally launched. Certainly, a number of other individuals may be responsible for managing the everyday operation, but any significant plans for the future come down to the founder.

Why You Should Use Negative Gearing to Grow Your Investment Portfolio

Negative gearing (net losses reported when the income from an asset purchased using borrowed funds cannot meet the loan interest and operating costs of that asset) can be a helpful way for you to grow your portfolio of investments. This article discusses some of the benefits that you can enjoy if you start using negative gearing in your investment strategy. No Caps on the Losses Recognised Negative gearing has no limit on the magnitude of the losses that you can report to the tax authorities during any tax year.

Tax Depreciation: Should You Invest in a House or Units

Tax depreciation is a deduction against the taxable income of a taxpayer that's generated by a property. It is one of the best tax breaks available for property owners and can lead to huge tax savings. The type of property you invest in determines the amount of tax depreciation you receive annually. One of the major investment choices you have to make is whether to invest in a house or units.

The benefits of hiring a quantity surveyor for your home building or renovation project

If you are about to do a large scale renovation on your property, or if you're thinking about start a completely new building project, you surely have a lot on your mind. The budget is possibly the biggest cause for concern for people looking to take on a large project. It's easy to set out a budget that later turns out to be a complete miscalculation. Current prices on material, taxes, licenses, and paying too much for different types of services are all things that can ruin your budget.