investors

Investing in property?

Want to grow your property portfolio with assets that can provide you with a regular income and potential tax benefits? This page gives you a summary of the main things you need to know.

There are numerous factors that influence your capacity to purchase an investment property including your income level & composition of income, your existing liabilities, your potential rental levels, and your allowable tax deductions. Please call us on 0416 22 50 54 to get more information or go to our loan enquiry form and we will contact you to start assessing your situation and investing potential. 

Use your existing property to purchase an investment

If you currently own a property you may be able to use your existing equity to assist in purchasing a new investment property. If you have sufficient equity you also may be able to arrange a loan to cover all costs taking away the need to make any contribution of your own. Excellente Business Solutions is able to assess your situation to determine your capacity. The potential rental income from your new investment adds to your existing income so you may not have to earn a large salary to be able to get into the investor market!

First time entry to the property market

Are you looking to enter into the property market yet don’t quite earn the income required to get your desired property? You might want to consider making your first property purchase an investment property. There may be advantages for you as potential rental income on the purchase may be used and different lenders also can take future tax concessions into account. This could make your borrowing capacity much higher and allow you to purchase a more desirable property now, which you could keep as an investment or move into at a later date.

The first home owners grant however is generally not available for investment property purchases, however there are certain situations when you can claim it so please talk to us about this.

Abolition of duties

NSW disposed of the 2% vendor duty tax in August 2005 and mortgage stamp duties on all property loans in July 2008. Other states have a variety of duties payable on investment property transactions. Please call Excellente Business Solutions on 0416 22 50 54 for state specific information.

Tax concessions

An additional bonus of investment property is that tax deductions may be available to you. In general, you may be eligible to generate a tax concession on any losses incurred on the ownership of investment property.

With Excellente Business Solutions you benefit from extensive tax and accounting experience so that we get your setup right from the start, without having to consult with external parties! No information gets"lost" or not "handed over", as the necessary expertise in both mortgages and accounting rests with the same person, Marianne Welzel. 

Servicing a loan

Different lenders allow us to utilise your income in different ways. Some lenders allow 100% of your rental income to be used. Also there are lenders who allow us to include your forecast tax concessions in assessing serviceability. These differing factors between the banks can determine how much they will lend you. Excellente Business Solutions is on your side when determining and assessing how we can best utilise every single aspect of YOUR unique circumstances, to YOUR advantage!