Pros And Cons Building A Flat On Your Investment Property
Better Loan Solutions in Mornington Peninsula • Learning Centre • Insights
Better Loan Solutions in Mornington Peninsula • Learning Centre • Insights
With higher interest rates impacting investors, many buyers are looking at creative ways to boost their rental income. One
popular strategy is building an extra dwelling – like a granny flat – on the property.
While it’s not possible in all situations, there are benefits to having a second residence on the property. Here are some advantages and
disadvantages of building a granny flat on your investment property.
Use the knowledge of a mortgage broker as they provide valuable insights into the current market and offer
various lending options. Brokers can help you compare your existing mortgage and help you make informed decisions about financing or
refixing.
WEBINAR 25 SEPT // 12PM
The final session focuses on the changing legal environment, highlighting recent amendments to the Fair Work Act, capturing independent
contractors under workers' compensation schemes, payroll tax considerations, superannuation compliance, and practical steps to mitigate
risks.
WEBINAR 11 SEPT // 12PM
In the third session, we'll delve into superannuation guarantee changes, including proposed changes to payday superannuation, new rates and
bases, and the impact on SG liability. Gain insights into employer deductions, termination of employment considerations and more.
WEBINAR 4 SEPT // 12PM
Master allowances and reimbursements, understand their PAYG and super guarantee implications, and learn to navigate travel vs.
living-away-from-home allowances. Gain insights into FBT considerations, new ATO record-keeping requirements, and effective salary packaging
arrangements.