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Newsletter Your Property. our passion!

Local Business News! - Meet your local Tax Agent, TBA Professionals

Airbnb is on the rise It does sound attractive to rent out a portion of your home or your entire home or even a car space to others for short stays for a little bit of extra cash, however there are tax implications to consider. The ATO has classified Airbnb type services as ‘Sharing Economy’ and does assess the home owner on all income received from such an enterprise, as well as allows a deduction for related expenses, such as interest expense, Airbnb costs, rate ... Read More

Community News

As a local Drummoyne agency, Veeva is community focused and operates at grass roots levels, where we can enjoy regular contact with local residents. Whether we are having a quick yarn at a local café, swapping recipes at Harris Farm, or making pancakes at the local school fete, we believe every day… every interaction gets us closer to understanding out client’s needs. This one-to-one regular contact with our market place means that we can Property Match wi ... Read More

Winter Promotion from Veeva!

Written by: Gladys Mallqui

Welcome to our June newsletter!   With the colder  months setting  in, now is the  perfect time to  plan for the  year ahead.  Veeva Property  is offering a  fantastic winter  gift to our VIP   database members only, enjoy a $6,000 Styling Package including artwork, floor rugs, indoor and outdoor furniture. To take advantage of this limited offer please contact us on 02 9181 5943. Veeva is proud to announce tha ... Read More

Happy Easter from Veeva!

Written by: Gladys Mallqui

  Welcome to our March newsletter!   We'd like to invite you to our upcoming auction at 15 Clare Crescent, Russell Lea this Saturday, 1st April at 12.30pm. If you're a neighbour you may be monitoring the market, if you live in the area and are looking to upgrade this might be an opportunity to evaluate and determine your upgrade budget. Whatever the reason may be, we hope to see you there! First bidder wins a chilled bottle of Veuve Cliquot and the last bidder gets ... Read More

The Art of Downsizing

What you really need to know and how Veeva Property can help you through the process. While there are many reasons to downsize, an unemotional definition might be ‘to make do with less.’Of course, for most of us, it means so much more.Some common reasons to downsize include:1. The house is too big now the kids have gone.2. The house requires too much upkeep (and money).3. You want to access some equity.  4. You want to move to a suburb you’ve always dre ... Read More

It's Buyer Beware when buying a house

Written by: Anthony Cordato

It looks like a dream home - meticulously designed and built – when advertised for sale on domain.com. A property which looks so perfect that no building inspection is needed.The reality is that after you move in it becomes a nightmare - the roof leaks, the doors and windows leak every time it rains, the walls are out of square, the pool tiles are slippery, the stairs are uneven. In short, the house is a lemon.Is the buyer able to recover any of the cost of repairing th ... Read More

Get ‘home active’ this winter

Written by: Gladys Mallqui

Home -Clean or replace your light shades. It’s a simple and relatively inexpensive alteration that can instantly modernise your home.-Check the integrity of your windows and door seals. Solid seals will save you dollars in unnecessary heating bills! -During particularly cold snaps, let your taps drip water overnight to ensure they don’t freeze or burst.-Check your gutters and downpipes during and after rain for blockages, damage or leaks. -Keep your air healthy by ... Read More

Letter to the Investor - Why purchase a boarding house?

Are you a dynamic investor looking for blue chip stock and an opportunity to manage a great business?  We have formulated a strategy that will ensure 80% occupancy rates on this high quality investment.Did you know that boarding houses are land tax exempt investments? This could save you thousands of dollars a year and still give you the benefit of a free hold property that is increasing in value every year.  Furthermore, we have on offer a potential business that w ... Read More

Tax Tips for Your Investment Property

1.    Prepay Interest – Interest up to 12 months can be prepaid in advance before year end to reduce your taxable income for the year.2.    Depreciation schedule – If your property was built after July 1985 then it is beneficial to obtain a depreciation schedule.  These can be obtained from a quantity surveyor.3.    PAYG Withholding Variation.  Should you be negatively gearing your investment property, then yo ... Read More

Highlights from our May Investor Evening

It was an ordinary evening in Drummoyne… but at Veeva we were launching our first Investor Evening… Our office was buzzing with local investors keen to get the hot tips from our panel of experts.We were privileged to have a market analyst in the house, as well as a property investment lawyer, a selection of mortgage brokers and finance specialists.  Gladys Mallqui, Veeva Principal once again hosted a top class event that was fully catered with the best loc ... Read More