![]() ![]() The biggest investment opportunity I’m analyzing right now is Rental Income Property. Smart investors are taking advantage and scooping up the bargains.” ![]() PLUS, the government is getting in on the act, trying to help. PLUS, we’re at the “puke” point – where banks are giving up properties at any price, just to get rid of ’em. “The basic story is that housing is an incredible value right this moment: With mortgage rates at record lows … and with a record “bust” in home prices, housing is more affordable than ever. In his February 21st article, “This is the Moment I Live For as an Investor”, Dr. We may never see opportunity this great in our lifetimes.” How much louder can I say this? This moment is the greatest opportunity ever to be an American homebuyer. The better value you get up front, the higher your return percentage will be when things return to “normal.” You could get a property from a desperate seller, likely a bank. If you buy right now – I mean RIGHT NOW – you should still be able to get in at “below market” prices. But what most people don’t understand is that houses are more undervalued right this second than they were overvalued during the bubble. We all know the recent housing bubble was the greatest in American history. The deals happening right now are ridiculous. Just figure out how to make it work.Īlready have a house? Go get another, and rent out the one you’re in. It is probably the greatest opportunity for you for the next 10 years. “You are foolish if you don’t do everything you can to take advantage of this. In his February 10th article, “ The Greatest Opportunity Ever is Just About to Pass You By”, Dr. Two of his recent articles encouraged me to finish an Excel spreadsheet that provides analysis for investing in rental real estate. I’ve been a fan of investment manager Dr. Driver’s Defender Guide for Police Stops and Car Accidents.Trend Exhaustion Market Timing Excel Spreadsheet.The Kelly Formula For Stock Investing: Growth-Optimized Money Management. ![]() Rental Income Property Analysis Excel Spreadsheet.The Action Diet: Weight Loss That Works!.You are free to copy, adapt, modify, transmit and distribute this material as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products). © Australian Taxation Office for the Commonwealth of Australia If you feel that our information does not fully cover your circumstances, or you are unsure how it applies to you, contact us or seek professional advice. Make sure you have the information for the right year before making decisions based on that information. Some of the information on this website applies to a specific financial year. If you follow our information and it turns out to be incorrect, or it is misleading and you make a mistake as a result, we will take that into account when determining what action, if any, we should take. We are committed to providing you with accurate, consistent and clear information to help you understand your rights and entitlements and meet your obligations. See Expenses for which you cannot claim deductions. Note 2: From 1 July 2017, deductions for travel expenses relating to residential rental properties are allowable only if an exception applies. Note 2: From 1 July 2017, deductions for travel expenses relating to residential rental properties are allowable only if an exception applies. See Limit on deductions for decline in value of second-hand depreciating assets. If you use these assets to produce rental income from your residential rental property, deductions are available only if an exception applies. Note 1: From 1 July 2017, you may not be able to claim a deduction for a decline in value of certain second-hand depreciating assets in your residential rental property. You cannot claim for these items if the expenditure is already included in body corporate fees and charges. Example 33: Rental property worksheet Income ![]()
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