Free Essays on Real Property Investment

Why do people use real property investment? Investment in property is most important investment instrument in Australia, as you know the richest 200 people ¡Ã‚ ¯s wealth is based on the real property. Although property must be viewed as an illiquid investment because the transfer costs of properties are high and the selling period averages several months, according to steady profit return and low risk, many people buy in property to against currency inflation, and to compensate increasing life expense contrasted to decreasing social security after retirement. How does it work? Negative gearing Gearing basically means borrowing to invest. An investment property that's negatively geared is purchased with a loan that has an annual net rental income amount that is less than the annual interest paid on the loan, plus the deductible expenses associated with maintaining the property. You get tax benefits by being negatively geared as you are able to deduct the costs of owning an investment property from your overall income. The biggest part of this deduction is the interest portion of your mortgage, but you can also claim such expenses as property management fees, loan costs and repairs. Because negative gearing deductions offset your income, they are most beneficial to high-income earners. What this means is the more you borrow, the more interest you pay and the bigger your deduction. While everyone wants a large tax deduction, you shouldn't over commit yourself in order to get one. You still have to make the mortgage payments and those lucrative tax benefits don't arrive until the end of the financial year. In periods of low inflation, the benefits of negative gearing are usually negligible. (Case study: Mr. Bill teaches accounting in TAFE. He is interested in a 2 bedrooms unit in Parramatta, which costs $360,000. His annual salary is $50,000. He gets $376,190 mortgage at 6.29% p.a. from Wizard home loan, calculate how much money ... Free Essays on Real Property Investment Free Essays on Real Property Investment Why do people use real property investment? Investment in property is most important investment instrument in Australia, as you know the richest 200 people ¡Ã‚ ¯s wealth is based on the real property. Although property must be viewed as an illiquid investment because the transfer costs of properties are high and the selling period averages several months, according to steady profit return and low risk, many people buy in property to against currency inflation, and to compensate increasing life expense contrasted to decreasing social security after retirement. How does it work? Negative gearing Gearing basically means borrowing to invest. An investment property that's negatively geared is purchased with a loan that has an annual net rental income amount that is less than the annual interest paid on the loan, plus the deductible expenses associated with maintaining the property. You get tax benefits by being negatively geared as you are able to deduct the costs of owning an investment property from your overall income. The biggest part of this deduction is the interest portion of your mortgage, but you can also claim such expenses as property management fees, loan costs and repairs. Because negative gearing deductions offset your income, they are most beneficial to high-income earners. What this means is the more you borrow, the more interest you pay and the bigger your deduction. While everyone wants a large tax deduction, you shouldn't over commit yourself in order to get one. You still have to make the mortgage payments and those lucrative tax benefits don't arrive until the end of the financial year. In periods of low inflation, the benefits of negative gearing are usually negligible. (Case study: Mr. Bill teaches accounting in TAFE. He is interested in a 2 bedrooms unit in Parramatta, which costs $360,000. His annual salary is $50,000. He gets $376,190 mortgage at 6.29% p.a. from Wizard home loan, calculate how much money ...

5 part-time jobs great for college students

5Â  part-time jobs great for college students Being a college student can be rough work- on top of juggling a heavy class load with extracurricular activities and social opportunities, many students look to take on some type of part-time employment, either to help pay for school or for extra spending money. That’s a lot to handle, and it’s exactly why students should make every effort to ensure that they’re choosing the right types of jobs. An ideal part-time job allows for some level of schedule flexibility to accommodate busy lives in and out of the classroom and will not eclipse or overshadow a student’s primary goals- to get good grades and have a positive college experience.Monster recently published an article highlighting some of the best part-time jobs for college students. If you’re a student on the hunt for a part-time job, consider the following five possibilities.1. BabysitterTaking care of children has long been a tried and true employment opportunity for students. Why? Because stu dents typically have the energy and enthusiasm to keep up with young children. Babysitting is typically the sort of work students can do around their class schedules- night and weekend work is common. It also tends to pay relatively well and you can pretty much set your own work hours and availability.2. BaristaCollege students have long-since discovered the power of coffee to get through a long and busy day, and many students have also discovered that making and serving coffee can be an excellent way to earn some extra cash. Not only are there coffee shops practically everywhere (especially around college campuses across the country), they also typically offer work shift opportunities around classes and can be fun and social environments- not a bad way to earn a paycheck.3. DriverIf you have a car and a little extra time on your hands, becoming a driver might be a great choice for part-time work. For the most part you’ll get to be your own boss, set your own hours, and work from the comfort of your own car. Work when you’re available, look forward to some extra tips from grateful passengers, and have plenty of time to handle the rest of your busy life.4. IT support specialistThese days, the average college student was practically raised on technology and has solid tech skills that they can put to good use. If you often find yourself helping friends and family with their tech-related issues, why not get paid for it? You can either employ yourself or find a job on campus as an IT support specialist and earn good money doing something that you’re naturally good at.5. Retail associateMost of us at one time or another held at least one job in retail- and for good reason. These jobs are often easy to find and are flexible, relatively low-stress ways to earn some extra money. If this sounds right up your alley, head out to some stores in your area and see if they’re hiring.There you have it- if you’re a college student on the hunt for a part-time job, one of these five options might be just the right move for you. Happy hunting!