In this 4-minute video iChoice principal Jason talks about lending and tax liability. It's essential viewing, particularly if you have an investment property... and it illustrates the need to have your mortgage structured efficiently for maximum savings. Jason talks about cross-collateralisation to ensure that you maximise the tax benefits from an investment. What determines the…Read more
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Do You Qualify for a First Home Buyers Grant?The First Home Owners Grant is a national scheme funded by the states and territories and administered under their own legislation. The grant is a one off tax free payment to first home buyers in Australia that satisfy the eligibility criteria.
To be eligible, you must be at least 18, you or other applicants may not be a company or trust, at least one of the applicants must be a permanent Australian resident, and you must occupy the residence for 6 months beginning in the first 12 months of settlement. Find out more