Build to Rent – What’s the Big Deal?
Thursday, 09 November 2023
By now you would have heard about the asset class Build to Rent (BTR), which is a relative newcomer to the Queensland market. What does it entail, what are the benefits, and, of course what are some of the current tax considerations relevant for developers. What is it and what are the benefits? In Australia,
- Published in Walshs Blog
Why the home loan with the cheapest rate might not be the best loan for you
Tuesday, 24 October 2023
When it comes to securing a home loan, many prospective homeowners are understandably drawn to the idea of finding the cheapest interest rate possible. After all, who wouldn’t want to pay less in interest over the life of their loan? However, it’s essential to recognise that the cheapest home loan rate might not always be
- Published in Walshs Blog
The pros and cons of long and short term investment property rental arrangements
Tuesday, 26 September 2023
Investing in property as an asset class is an excellent method to create meaningful long-term wealth through leveraged returns and passive income. There are generally two types of investment property rental options, short-term or long-term rental agreements. Each have their own pros and cons which we’ve outlined below. Long-term rental investments Long-term rental investments involve leasing
- Published in Walshs Blog
Starting a Private Practice: How our team can guide your journey to success
Wednesday, 30 August 2023
Starting a private practice can be both exhilarating and daunting. As a medical professional, the decision to establish your own practice is a significant step in your career. However, the administrative and financial aspects of setting up and managing a private practice can be overwhelming. This is where our Medical Practice team, experts in accounting
- Published in Walshs Blog
Instant Asset Write-Off Changes for the 2023-2024 Financial Year
Tuesday, 29 August 2023
Key instant asset write-off changes The instant asset write-off incentive is a tax-saving initiative introduced by the Australian Government. It allows eligible businesses to deduct the full cost of certain assets in the year they are purchased, rather than claiming the cost over a number of years. Recently, the Government has announced that it will
- Published in Walshs Blog
Crunching the numbers on home loan repayments – a tip from the top!
Tuesday, 15 August 2023
Despite this month’s rate respite, borrowers are feeling the pain. Walshs Finance’s Donna Sutherland outlines one simple way to get ahead. August 2023 is the first month that borrowers will feel the full impact of 12 cash rate rises since May last year because lenders can take a few months to pass on the full
- Published in Walshs Blog
Three steps to follow to help maximise tax benefits when buying property
Friday, 28 July 2023
Structuring your home loan to get the best possible tax outcomes as a doctor is vital, considering the huge amounts you send to the tax man every year. At Walshs, we are specialists in not only securing market-leading home loans for doctors but in supporting your future wealth health. As such, we’ve created this handy
- Published in Uncategorized, Walshs Blog
Thinking of buying your rooms? What you need to know about purchasing medical rooms via SMSF
Friday, 14 July 2023
Self-Managed Superannuation Funds (SMSFs) have become a popular investment vehicle in Australia, offering individuals greater control over their retirement savings. One intriguing avenue for SMSF investment is purchasing medical rooms. Not only does this provide a stable income stream, but it also allows healthcare professionals to secure their own practice premises. In this blog, we
- Published in Uncategorized, Walshs Blog
Melanoma – Rob’s story. Can you afford not to be insured?
Tuesday, 04 July 2023
When Rob, an anaesthetics registrar, was diagnosed with Melanoma, many things were going through his mind – his long-term health, his family, the exams he had coming up, but one thing he didn’t have to worry about was his income. “I’m a doctor so I see people every day who are sick or injured. While
- Published in Walshs Blog
The benefits of outsourcing bookkeeping for medical practices
Wednesday, 28 June 2023
Efficient bookkeeping and payroll management are essential for the smooth operation of any business, and medical practices are no exception. However, juggling the demands of patient care, administrative tasks, and financial responsibilities can be overwhelming for healthcare professionals. This is where we come in, offering comprehensive bookkeeping services tailored specifically for medical practices. In this
- Published in Walshs Blog
Growing pains… should we renovate or move?
Tuesday, 20 June 2023
A few years and a couple of kids later, the sprawling expanse that was once your luxurious abode might now be cramping your style. Tired of living on top of one another, is it time to up sticks or cash out your Bunnings shares in favour of a complete home makeover? Walshs mortgage broker Darole
- Published in Walshs Blog
The capital gains tax 6 year rule – and how it works
Tuesday, 13 June 2023
Selling your rental property is a great opportunity to unlock some personal equity. But don’t forget the taxman wants a slice of the cake. Capital gains tax (CGT) is liable for the profits on the sale of property, however the capital gains tax 6 year rule provides some exemptions which can be utilised to optimise
- Published in Walshs Blog
