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Latest RELM Report

RELM Report June 2014 The CEO of the REINT has in his column provides an point of view that indicates the NT real estate market is all rosy. One could surmise that in his position the industry would require him to take a posture that reflects the market is doing fine. While I will leave it up to you to judge how the market is going in your area. I can tell you that rents are falling across both…

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Helping You Find A Home To Rent

Brad from Palmerston writes:"Chilcott Real Estate really helped me and my family find our home when other Real Estate companies wouldn't  just because we were new to renting. Chilcott's also went to extra lengths of finding the home that suited me and my family’s needs just right. We have lived in our home for 3 months now with no problems and really feel like we can count on the support of the…

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How Valuable Is Your Time

Imagine there is a bank that credits your account with $86,400 at the start of each day.It carries over no balance to the next day and deletes whatever hasn’t been used at the end of the day.WHAT WOULD YOU DO???Draw out every cent of course!!! Each of us has such an account and it’s called TIME.At the start of every day it credits you with 86,400 seconds.At the end of the day it writes off as…

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Depreciation Schedules - By Independent Property Inspectors

What is Property Tax Depreciation? Very briefly, depreciation is the decrease in value of an item over time. Think of the tax deduction for depreciation as compensation for wear and tear. Buildings being rented out suffer wear and tear, so do the Assets (fixtures and fittings or chattels). Depreciation is a tax deduction. Other tax deductions claimed by property investors include: council/water rates,…

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