To rent or buy, rented 8

WELCOME TO BRISBANE AFFORDABLE RENTALS, IF YOU LIKE WHAT YOU SEE, FOLLOW THE INSTRUCTIONS THEREIN TO GET IN TOUCH WITH US.
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Other links of interest:

http://helpplanete.blogspot.com/
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Affordable Rentals, Brisbane
To rent or buy?

YOU ARE INVITED!
You are invited to browse and take part in the discussions that follow.
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To rent or buy?
This is the lifelong question that people ask themselves many times.
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So let us try to see what is better for us?
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Hereunder is a report I have found on the Internet
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These are the key points, which would be helpful to know:
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If you buy a property and rent it out instead of living it in you can still benefit from tax relief
You will not qualify for the First Home Owners Grant

When it comes to property, the age-old issue has been should you rent or should you buy. Gillian Bullock discusses the pros and cons of both.

There is a strong argument put forward that investing the money you might have used as a deposit and in mortgage repayments in other assets such as shares could prove a better option.

According to Paul Ahearne, managing director of financial advisory firm Locumsgroup, it can be to your advantage to rent in a market of softening yields.

Meanwhile there is also support for owning your own home, not least because of the psychological value. As Ahearne observes, Australia is one of the few countries where the word renting is always preceded by "just"!

But what if you were to buy a property and rent it out rather than live in it? That way you would have a foothold in the property market while enjoying some tax advantages.

Certainly the trend to remain living with your parents — and probably paying less than a commercial rent — offers many Australians the opportunity to get into the property market without too much pain. The negative here, however, is that you are reliant on the property enjoying a high occupancy rate, which in the current market may not always be easy.

In Australia your principal residence does not enjoy tax relief on interest payments. But with an investment property, not only can you claim your interest payments, but you can also amortise your establishment costs. An investment property, however, has downsides.

For instance, if you buy a property to rent out, you will not qualify for the First Home Owners Grant (FHOG) of $7000. Nor will you be able to claim it at some further time down the track when you actually do buy your first principal residence. Another negative is that any capital gain you make on the investment property will be subject to tax.

In contrast, you could live in the property as your main residence then you may for the first year and then qualify for the FHOG while being exempt from any capital gains tax liability when you eventually sold. You can live away from what has been your main residence for up to six years and still be capital gains tax exempt providing you don't claim another property as your main residence.

However, you should be aware that the anti-avoidance provisions (known as Part IV A) of the Tax Act can prevent you from obtaining tax benefits if that is the sole or dominant purpose for entering such a transaction. Make sure you get good tax advice before pursuing such a strategy.
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End of report.
As you can see there is a lot to consider before you can make your decision, so, make sure you do first of all what you can afford.
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Affordable rentals, Brisbane
To rent or buy?
IS TO BE CONTINUED:
Next time with another thread.
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You are all invited to take part in these writings.
The shortest of any comment will do, if you don't have time?

I hope to hear from you soon.

To see more click on the link below;

http://menfranco-re.blogspot.com/

http://sites.google.com/site/publicreconciliation/

For sale rentals, rented 7

WELCOME TO BRISBANE AFFORDABLE RENTALS, IF YOU LIKE WHAT YOU SEE, FOLLOW THE INSTRUCTIONS THEREIN TO GET IN TOUCH WITH US.
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This link below is a link for items for sale
http://frankb.eproduct-review.com/

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For sale rentals
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Affordable rentals Brisbane
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WELCOME TO BRISBANE AFFORDABLE RENTALS.
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For sale, rentals
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AVAILABLE NOW!
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FLAT TO LET

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Affordable Rentals, Brisbane

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City Views Special

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AVAILABLE NOW!

Location Location

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This is one of the best location in Brisbane STONES CORNER: For rent 2 bedroom unit

Fresh painted, 2 bedrooms unit with built-in robes, large lounge with city views, kitchen with dishwasher, close to all amenities, bus at door, short walk to Stones Corner shopping centre, Hotel and cafes. Location; 6/127 Old Cleveland Road GreenslopesCost $320.00 PW.

Initial cost 2 weeks rent plus bondFor information call Tel 3397 9614.

Or email, menfranco@gmail.com

This is http://affordablerentals.blogspot.com

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ALSO AVAILABLE NOW

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Coorparoo, clean unfurnished two bedrooms flat to let, available now:

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COORPAROO; Clean, 2 bedrooms flat for rent.
Location: 28 Hipwood Avenue Coorparoo Brisbane Australia.
Cost $280 PW.

Initial cost, 2 weeks rent + Bond.
Minimum 3 months agreement.
For more information or inspections call Frank, Tel 3397 9614, or email us at, menfranco@gmail.com

Or visit the site at 4/28 Hipwood Ave Coorparoo, and if you like what you see then call
Frank to make an appointment. Tel. 3397 9614
This is http://affordablerentals.blogspot.com

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Bedroom for rent

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Location; 1-28 Hipwood Ave Coorparoo

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An opportunity exists to rent one furnished or unfurnished single bedroom and share the rest of this 2 bedroom flat with existing tenant. This is part of a two bedroom fully furnished flat rented to two tenants, at $300.00 per week; one tenant is moving out, so here is an opportunity to rent just a single furnished or unfurnished bedroom to a single tenant who is willing to share the rest of the flat with existing head tenant George.Location: flat 1-at 28, Hipwood Avenue CoorparooOne single bedroom fully furnished or unfurnished for rent.Cost $120.00 per week plus negotiable bond.For more details email; menfrac@gmail.comOr,Call head tenant George Tel. 3847 5423Then you can go to premises at agreed time, address of premises: Flat, 1, 28 Hipwood Avenue Coorparoo.

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This post is, http://affordablerentals.blogspot.com/