Investing in land can be worthwhile in the longer-term, but a big drawback is that it rarely provides any sort of income while you hold it.
Property
From July 1, 2010 anyone buying an off-the-plan home worth up to $600,000 will pay zero stamp duty - a saving of up to $22,490.
More than 80 percent of home loan contracts stipulate an exit fee. This fee should not be confused with break costs associated with fixed-rate loans.
Thomas is stuck on the rental treadmill, unable to save a deposit while paying a fortunate in rent. What can he do?
Claiming all the deductions you are entitled to should be the aim of every property investor, and now is the time to act.