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Hi there…
Looking at properties in Sale (Vic) for investment purposes. I have guaranteed rental from associated business for 5 years.
The question is wether to buy a older house and renovate or just completed/off the plan?
The residence needs to be fairly high quality finish for the tenants (professionals)?
Budget is in the high 200k's to low 300k's.
Any help is greatly appreciated.
O
RC51
Buying new is going to get you a lot more tax depreciation.
Your problem will be the price point for new.
BluegrassBluegrass, will it? Most reno is non-structural/aesthetic hence has a quicker depreciation timeframe. Could always be money for jam.
Viewing 3 posts - 1 through 3 (of 3 total)
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