Omniwealth News
You are here: Home \ Blog \ News
Monday, June 19, 2017
It is essential to have the necessary cash flow inside the SMSF to fund the ups and downs of investment property ownership. This SMSF trustee checklist can be useful when preparing to borrow money in an SMSF to purchase a property - the checklist only applies when a loan is being established: 1. Ensure that regular contributions are bei Read More
Wednesday, June 07, 2017
Australia has a choice to make when it comes to home ownership; is residential property there for people to live or, like a game of Monopoly? If you believe in the latter, there is nothing that needs to be changed. An individuation investor who earns an income of $120,000 per annum who buys an investment property today valued at $700,00 Read More
Tuesday, May 30, 2017
Does it make financial sense to boost your super if you're still paying off a non-deductible debt like a home loan? If you're an average couple on the average tax rate the math is simple. If $1 of earned income is paid to your personal bank account, the tax man currently collects 39 cents in income tax and Medicare levy. That leave 61 c Read More