Invest in a New Property
If you’re ready to start investing in property – look no further than Nexus for all your financial management needs. We know how to ensure you safely and effectively build wealth and receive the best return on your property investment.
It can be a little daunting, but we’re here to help. Here’s some of our tips and tricks on property investment:
1 – Use the equity in your current property to your advantage.
If you already own your own home, use the equity in your home to finance an investment property or shares. It’s a great cost-effective option that means you don’t have to take out a personal loan or use your savings.
Chat to Nexus about how to make this work best for you.
2 – Let negative gearing work in your favour.
When the return or income you receive from your rental property is less than the expenses of owning that property (eg. interest on your loan, council rates etc) – the property is said to be negatively geared.
In some instances the Australian Taxation Office will allow this ‘loss’ incurred on the investment to be offset against other income, as a tax deduction.
Example:
| Rent received | $9,000 |
| Expenses incurred | $12,000 |
| Loss which may be claimed as a tax deduction | $3,000 |
3 – Seek independent financial advice
Generally, if an investment opportunity sounds too good to be true, it usually is. So together, let’s do some research before make any financial commitments.
Nexus are an independent financial advisor that will help you weigh up your options before you make a final choice. We’re happy to help you sort through the piles of information to make sure you get the best deals Brisbane has to offer.
