Housagon

Can Foreigners Buy Property in Australia? The Complete Guide to FIRB, Stamp Duty & Loans Buying Property in Australia as a Foreigner or Temporary Resident: What You Need to Know Table of Contents Can Foreigners Buy Property in Australia? The Hidden Costs: Stamp Duty & FIRB Fees Stamp Duty Surcharges by State FIRB Approval: The Government's Role Financing Challenges for Non-Residents Should You Wait for Permanent Residency? Alternative Options to Consider Can Foreigners and Temporary Residents Buy Property in Australia? The short answer is yes , but with significant conditions and additional costs that permanent residents and citizens don't face. Australia's property market remains open to foreign buyers, but the government has implemented several measures to ensure this doesn't negatively impact housing affordability for locals. As a temporary re...

How Do You Finance a Floating Home in Portland? Complete Guide to Waterfront Mortgages & Loans How Do You Finance a Floating Home in Portland? Complete Guide to Waterfront Mortgages & Loans Table of Contents Understanding Floating Home Financing Portland's Floating Home Lenders Loan Requirements & Qualifications Float Rating System Explained Costs & Closing Process Expert Buying Tips Understanding Floating Home Financing in Portland Financing a floating home in Portland presents unique challenges and opportunities that differ significantly from traditional home mortgages. These distinctive waterfront properties require specialized lending solutions due to their hybrid nature - part home, part marine vessel. Unlike conventional houses, floating homes are permanently moored in marinas but don't qualify for standard mortgages. This creates a niche financing ma...

7 Proven Strategies to Minimize Capital Gains Tax on Australian Investment Properties 7 Legal Strategies to Minimize Capital Gains Tax on Australian Investment Properties What You'll Learn in This Guide What is Capital Gains Tax (CGT)? How CGT is Calculated in Australia 7 Proven Tax Reduction Strategies Mastering the 6-Year Rule Maximizing Your Cost Base Using Capital Losses Strategically Understanding Capital Gains Tax in Australia Capital Gains Tax (CGT) is the tax payable on profits made from selling capital assets like: Investment properties Shares and stocks Cryptocurrencies Valuable collectibles (art, antiques, jewelry) Key Insight: Your capital gain is calculated as the sale price minus the cost base (original purchase price plus eligible expenses). This profit is then added to your taxable income for the year. How CGT is Calculated o...

Buying Property Near Flight Paths: Key Considerations | Buyer's Guide Buying Property Near Flight Paths: What You Need to Know Table of Contents Introduction Understanding Airport Runways Landing vs. Takeoff: Which is Louder? How Distance from the Runway Affects Noise The Impact of the Nighttime Curfew Tips for Buyers Considering Flight Path Properties Introduction Purchasing a property near an airport or under a flight path can be a daunting decision. While these areas often offer convenience and affordability, the constant hum of aircraft overhead can be a dealbreaker for some. If you're considering buying in Sydney's Inner West—or any location near an airport—this guide will help you understand what to look for before making a commitment. Understanding Airport Runways Sydney Airport, like many major airports, has multiple runways that dictate flight patterns. Knowing h...

  Renovate or Upgrade? The Ultimate Australian Homeowner's Dilemma Renovate or Upgrade? The Ultimate Australian Homeowner's Dilemma Table of Contents The True Cost of Moving Renovation Realities: Pros and Cons The Overcapitalization Danger Zone 3 Expert Tips to Avoid Overcapitalizing When Upgrading Makes More Sense Side-by-Side Cost Comparison The Final Verdict: Stay or Go? The True Cost of Moving: More Than Just Boxes Moving homes in Australia isn't just chaotic and stressful - it's expensive , largely thanks to government taxes and fees that can add tens of thousands to your costs. Let's break down the numbers: Stamp duty : In Brisbane, buying an $850,000 home could cost you about $28,000 just in stamp duty Agent fees : Trading up means paying 2-3% in real estate commissions - that's $50,000 on the same $850k property Hidden costs : L...