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The process

At go go Conveyancing, we realise that it might be your first time in dealing with a property sale and are unsure what to expect from the conveyancing process.

What you should know is that you have already done the hard work whether you are buying or selling.

At go go Conveyancing no matter whether you are new to buying or selling or are seasoned investor we take care of it all!

This means you have more time to do the fun things in life.

Selling

If you are selling a property we outline what is involved in this process from start to finish

Transferring

If you are transferring a property to a new owner we explain what is involved in this process

Buying

If you are buying a property we explain what is involved in the process from start to finish

Refinancing

If you are refinancing your current mortgage find out more about why you need a conveyancer

John and Julie

Thanks Linda, Excellent support and service. Cheers

Linda

Hi Linda, I would like to take this opportunity to thank both you & the team at go-go conveyancing for their help, communication & great service. Thanks again

Jennifer

Hi Linda, Thanks so much for your help on this. It’s been really easy and you’ve been great. Thanks

Shane and Melody Williams

My wife Melody and I purchased our new home in Corlette NSW in March 2013 and employed Linda from Go Go Conveyancing. I must say that we were extremely impressed with the service and attention to detail.

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Go go conveyancing shared Advanced Finance Solutions's post.

3 weeks ago

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. ... See MoreSee Less

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