It's the dream of everyone who watches property makeover shows on TV: give up the day job to renovate and flip houses. But what are the tax implications?
renovating
Showing 31 to 40 of 72 results tagged renovating:
Marie and her partner need a new kitchen and bathroom - nothing fancy, but they are on the pension. Where should they look for a loan?
COVID-19 lockdowns have had an unexpected side-effect when it comes to how Aussies live with clutter, says Australian-born decluttering king Peter Walsh.
It's a stubborn myth that costs investors millions, but the properties on The Block 2020 could disprove it once and for all.
Instagram feeds of perfectly-styled rooms and expensive renovations are putting pressure on homeowners to keep up with the Joneses - or this season's contestants on The Block.
When we put this question to the Money team, it wasn't a property crystal ball they wished for, but a better understanding of the basics of home-ownership.
"I can't work out how a renovation will do anything other than destroy my plans for a buoyant financial future," says Jackson, who is torn between a reno and investing.
So, you're in the market for an investment property. Time to scour your area for the cheapest, highest-renting property, right? Wrong.
Halfway through knocking down a wall is not the time to realise you forgot to set a budget. Here's how to plan - and budget - for your renovations.
Renovating a rental property can be an expensive and time-consuming business, but the good news is that many of the costs can be claimed as a tax deduction.
