Mount Isa home sales and rental trends
Property Management

Mount Isa home sales and rental trends

2023 is already more than half over, so it’s a good time to look at home selling and leasing trends in our market. Our residential team at Jays Real Estate deals with Mount Isa home sellers, buyers, landlords and tenants every day. Read on to find out what you need to know. Home sale listing

The most common rental property tax deduction mistakes
Property Management

The most common rental property tax deduction mistakes

Rental property tax deductions are often an Australian Taxation Office (ATO) auditing priority. That’s because many landlords make mistakes with their deductions. Read on to find out all about the most common mistakes and how to avoid them as a Mount Isa landlord. Data matching The ATO also has a data-matching program that helps them

The top 4 tax deductions every Mount Isa landlord should know
Property Management

The top 4 tax deductions every Mount Isa landlord should know

With tax time looming, it’s important for you to maximise your eligible tax deductions if you’re a Mount Isa landlord. While we’re not financial advisers, we can provide you with Australian Taxation Office (ATO) guidance on rental property tax deductions. 1. Borrowing costs Interest on an investment property loan will most likely be the major

How to avoid the most common landlord-tenant conflicts
Property Management

How to avoid the most common landlord-tenant conflicts

Landlord and tenant conflict can happen, but it can be minimised or avoided completely. Read on to find out all about the most common landlord/tenant conflicts, and how to develop a hassle-free property relationship. Late or unpaid rent Tenants are legally required to pay their full rent on time. Landlords (or their property manager) should

Tips for renting out your Mount Isa property
Property Management

Tips for renting out your Mount Isa property

Renting out a Mount Isa property is a great way to maximise the return on your investment. But it’s important to give yourself the best possible chance to do that. Read on to find out our top tips to rent out your Mount Isa rental property. Tip #1 Check out your competition This will give

Mount Isa rental property returns
Property Management

Mount Isa rental property returns

If you want to invest in property, the return on your investment is a crucial indicator. Mt Isa rental property returns are currently strong and they are likely to stay that way due to low vacancy rates and a strong local economy. That’s great news for Mount Isa landlords. Mount Isa rent rates Like any

Everything you need to know about rental bonds
Property Management

Everything you need to know about rental bonds

Rental bonds are a fact of life for most Mount Isa rental properties. They are an upfront payment to protect landlords against tenants not paying their rent or causing property damage. Whether you’re a Mount Isa landlord or tenant, read on to find out answers to rental bond FAQs. Are rental bonds compulsory? No, but

Understanding rental property lease jargon
Property Management

Understanding rental property lease jargon

Whether you’re a Mount Isa rental property landlord or tenant, it’s important to understand the terms and conditions of your lease agreement. After all, it’s a legal document. Unfortunately, that means it will also contain legal jargon. Here’s our layman’s guide to understanding it. The most common rental property lease jargon Bond: an upfront lump

Queensland rental law changes from October 1
Property Management

Queensland rental law changes from October 1

Residential tenancy laws in Queensland are being amended on October 1. These changes follow those that came into effect in October 2021, and there will be yet another amendment within the next two years. This article explains all the Mt Isa rental law changes. What are the October 1 2022 changes? There are three main

The top 5 landlord mistakes and how to avoid them
Property Management

The top 5 landlord mistakes and how to avoid them

Being a landlord isn’t just a case of sitting back and picking up the rent on a residential or commercial investment property. There’s a lot more to it, including legal compliance obligations. Below are our top 5 Mt Isa landlord mistakes (and how you can avoid them). Mistake #1: Not hiring a professional property manager

Tax deductions to claim on your Mount Isa rental property
Property Management

Tax deductions to claim on your Mount Isa rental property

Everything you need to know about tax deductions you can claim on Mount Isa rental properties.

Rules around when and how to increase the rent
Property Management

Rules around when and how to increase the rent

Everything you need to know about increasing your rent on your Mount Isa investment property.