colinrealestate

Well, the messages have been flying around since late last year that some property investors may incur additional costs…or removal of write-offs, in the budget next month.
What this means for rental income is a focus of much debate but one thing remains a truism; there will be an ongoing need of good rental properties and someone will own them and someone else will rent them!
No doubt some will down sell out of the sector once the taxation changes are clarified…
And who knows, banks willing, we just might see first home owners taking up some of the previously tenanted property.
Another case of “watch this space!”

Filed under: REAL ESTATE | Tagged: Real Estate