Adam Ilic
Great work by Linda & co on another settlement this time a sell instead of a buy
The Process
go go has successfully concluded 1000’s of conveyancing matters.
Our process is well tested and successful.
We also pass on the benefit of our focused service through lower prices and expert support.
There are 3 stages to buying or selling a property.
go go will guide you through this with a minimum of fuss.
Quality of service
Our competitive price is a reflection of the large number of conveyances we perform.
Having experienced conveyancers and dedicated systems allow us to pass the pricing benefits on to you.
We believe we offer a range of services that are unmatched in the market.
Conveyancing services
Because we are licensed conveyancers, we are able to carry out your conveyance with minimal disruption to you. As conveyancing is all that we do, we are very effective and efficient.
go go actively promotes electronic conveyancing and actively pursues process that avoid using paper, from electronic signatures and exchange through to electronic settlements.
Call us on 02 8239 8999 to speak to one of our efficient friendly conveyancers.
C Seow
I had conveyancing done by Go Go for several properties. Go Go was professional and helpful throughout all my dealings with them.
The final steps leading up to settlement can be stressful because of tight deadlines but Go Go assisted superbly through every step with a zen-like calm that inspired confidence and was most calming.
Anne
Linda, Many thanks again for all the assistance you and GoGo have provided in this purchase. I will certainly use your services again the next time I need conveyancing services.
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We just came across a great post from Anita at Advanced Finance Solutions and thought we would share.Some interesting reading for the investors out there!
Depreciation and off-the-plan properties.
Investors who are looking to purchase a new property often look at buying off-the plan.
Buying off-the-plan essentially means you are entering into a contract to purchase a property prior to, or during the construction phase of a property or a development.
One big benefit of purchasing off-the-plan that investors often fail to consider is the property depreciation benefits available.
There are significant depreciation deductions available to the owner of a property purchased off-the-plan. It is important to note however that the property must be completed and be generating an income to claim depreciation deductions.
A completed property purchased off-the-plan will typically attract between $8,000 and $14,000 in depreciation deductions in the first full financial year, so it is fair to say that the new owner can make significant savings and increase their available cash flow by claiming depreciation for the property once it is income producing.
Newly built properties constructed off-the-plan will contain new fixtures and fittings*. Therefore the depreciable value of these items will be higher. The owners are also eligible to claim the maximum capital works deductions for the building structure, which means more deductions are available to claim over the life of the property (forty years).
When it comes to the fixtures and fittings in an off-the-plan property, investors should be aware that not all assets are created equal. In most cases, those assets with a higher starting cost will generate higher depreciation deductions.
For this reason, investors may want to consider the brand and price range of assets in an off-the-plan property.
Focusing on a kitchen in an off-the-plan property, the below table illustrates how the depreciation deductions available will vary depending on the model or price range.
As you can see in the below photo, those assets with a higher starting cost generate higher deductions than those with a lower base cost, both in the first full financial year and over the first five years combined.
As one example, a high range oven costing $5,150 will receive $858.51 in first year deductions and $3,080.74 in the first five years, while a low range oven purchased for $1,425 will get $237.55 in first year deductions and $1,183.42 over the first five years. This is a difference of $1,897.32 in the first five years.
If this is the difference an investor can see from just one asset, it’s understandable why they would want to give due thought to all the plant and equipment assets installed, as they add up to substantial depreciation differences.
Please note that the low-range microwave oven purchased for $220 would receive a 100 per cent write-off in the first year.