$0 – $225.49

Hobart - Property Investment & Tax minimisation

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Location

Main Street Financial

Level 2, 144 Collins Street

Hobart, TAS 7000

Australia

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Refund Policy

Refund Policy

Refunds up to 7 days before event

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Property Investment is one of the biggest areas that health professionals invest in.
Medical and Dental Practitioners have multiple reasons to invest in property and with the right advice and assistance growing a substantial property portfolio while benefiting from the tax advantages of negative gearing, CGT exemptions and asset depreciation.

This compressed evening event includes the top tips in property investing and other tax minimising strategies to help doctors with future wealth creation and financial security. Understanding the benefits of investing wisely early on in a career will reduce financial stressors and all clinicians to focus on the career and patients.

The past four months have shown consistent small growths in key markets that have previously dictated the turning point of a down-turn. Logic would have it, buying at the bottom of the market, or as close to the turn of the market is an ideal time for property investment. This two-year slump has left many investors short of cash, pressed by banks on new evaluations and willing vendors in order to reduce their debt load. It is an excellent time for Medical and Dental practitioners with cashflow to invest early and take advantage of the market turn, more difficult borrowing restrictions and the soon to be released revamped first home buyers scheme which is intended to drive the market from the lower-priced residential housing. Is it time to buy or a time to sell?

The Australian property market has been through one of its toughest market correction since the last 1800s with the median house price dropping 8.4% between July 2017 and May 2019. This has been the worst market slump in decades - even worse than the 2008 global financial crisis. The hardest hit were the prestige properties of Sydney and Melbourne with a mind-blowing 22% and 31% drop, respectively. What better time to snap up properties at 2010 prices in some locations.

Business for Doctors has a reputation for providing unbiased and informative workshops, making introductions to companies that mimic the BFD values and beliefs, and support Doctors on their business journey with social media groups, business workshops and conferences.


Accountant
Accountants are key players in structuring your assets so that you can maximise your return. Our team in Hobart will provide you with 5 steps to better understand your investment dollar and how to protect it, including property investment. Identifying the reasons for property investment is essential to ensure the correct structures and entities are established. The accountant will take into consideration your personal and business risks, family responsibilities, retirement planning and current tax laws and regulations that affect investment strategies. They will also provide relevant details to your mortgage broker.

Financial Advisor
Wealth does not come along by accident. Wealth is created with a plan using the years of experience from those in the industry and who can introduce opportunities as they become available. Each Doctor has their own set of special needs and having a trusted advisor will assist you in creating an asset base for both you and your family.

Mortgage Broker/Personal Banker - Constantly changing regulations and requirements makes it essential to discuss your borrowing capacity. Ideally preparing with current financial data will assist you in securing the best rates and benefits at the time you make an offer. Consideration for loan types, deposits and interest rates are just a few of the things discussed with your mortgage broker.

Insurance Broker - Regardless if owner-occupied or investment, insurance will be an essential part of property investment and a certificate of compliance will be required prior to settlement. Landlord insurance, public liability, building and contents insurance need to be taken into consideration as costs when making a property investment

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Date and Time

Location

Main Street Financial

Level 2, 144 Collins Street

Hobart, TAS 7000

Australia

View Map

Refund Policy

Refunds up to 7 days before event

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