A New Website That Can Help You With Your Property Research
By Sandy Naidu | October 12, 2008
A couple of weeks ago I interviewed Tyron Hyde of 4sale4investors.com.au. 4sale4investors is a new website which will definitely be of interest to Aussie property investors. Before buying an investment property one of the key things the investor needs to know is how much money he can get back in the form depreciation. Unfortunately finding these depreciation figures at the property research stage is often very difficult. 4sale4investors.com.au gives you the complete set of figures that you would need for your property research (for the properties listed on their site). Read the interview to find out more about this new website:
Can you tell us about 4Sale4Investors and the services you offer?
4sale4investors is a unique online resource designed to help investors make better-informed property investment decisions. 4sale4investors gives registered users free access to exclusive investment analysis tools.
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Members are also able to search through the latest ‘off the plan’ and new investment opportunities available around Australia. |
How do you get paid for this new service?
4sale4investors’ unique cost-structure has been a significant contributor to it’s overall success. It is free to register and use for investors and free for approved developers to list their developments. The relevant developer pays a fee when a user goes on to make a purchase after having enquired about their development on the site.
To maintain a clutter-free researching environment, there is no classified advertising on the site.
You are the director of another company called ‘Washington Brown’. This company prepares depreciation schedules for property investors. Can you briefly tell us how an investor can gain from property depreciation and how much do you charge to prepare a schedule for a property?
Just like you claim wear and tear on a car purchased for income producing purposes, you can also claim the depreciation of your investment property against your taxable income. Many investors are unaware of the tax benefits and the savings they may be entitled to.
The cost of preparing a tax depreciation schedule varies according to the type of property you’ve purchased, location, size and numerous other factors. The cost of depreciation schedules are individually quoted and fees are 100% tax deductible.
We also offer a guarantee – Washington Brown promise to save you twice our fee in the first year or the report will be free. This guarantee is based on the tax deduction calculated 12 months from your settlement date.
You currently have only apartments listed on 4Sale4Investors. Will you be listing new houses as well in the future (along with their depreciation schedule)?
As we specialize in Tax Depreciation, Washington Brown is able to prepare depreciation schedules on all types of investment property.
4sale4investors lists developments ranging across the residential, commercial and industrial segments. Currently the residential listings fall into the new apartments or home and land categories as this is where the demand seems to lie.
As the sole purpose of the site is to assist investors with their property investment decisions, we would be open to expanding our scope as the needs and interests of our users expand.
What is next for 4Sale4Investors? Where do you see it in a couple of years?
It is our goal to make 4sale4investors the number one online destination for investors wishing to stay one step ahead of the property market.
Over the next couple of years, users will see the site grow and become increasingly comprehensive in terms of the beneficial resources available and number of development listings Australia-wide.
Check out http://www.4sale4investors.com.au/ for more information.
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Topics: Interviews |
January 13th, 2009 at 6:53 am
Hi Sandy
Last time we spoke you mentioned i might want a product review.
How about we do a series on “Tax Depreciation Schedules” for Property Investors?
Regards
Tyron Hyde