What Energy Assets can we finance? Solar Systems and Energy Efficient Lighting (LED) are the primary focus. Other energy assets can be considered on a case by case basis. If requesting finance for assets outside of solar systems and LED lighting, please contact us with the following details so a pre-assessment can be conducted: • asset description • unit cost…
It is commonly accepted that to avoid paying Lenders Mortgage Insurance (LMI) on a home loan you must contribute a minimum 20% deposit of the property’s purchase price. A deposit of 20% equates to an Loan to Value Ratio (LVR) of 80%. If your loan is above 80% LVR then in most cases (for example Medical professionals/graduates can borrow up…
What is Tax Depreciation Depreciation is the wear and tear of a building and the fixtures and fittings within it. The Australian Taxation Office (ATO) allows investment property owners to claim this depreciation as a deduction in their annual tax return, reducing their taxable income and hence paying less tax. You can download your special reduced fee application form here…
