Peter Guerra

Napier & Blakeley supports the PIF Sydney Charity Sailing Cup

IMG_2943Napier & Blakeley were pleased to again support The Property Industry Foundation in the Sydney Charity Sailing Cup.

This is a unique opportunity for client entertainment, business networking and relationship building, whilst also making a difference to desperate kids who are doing it tough, by raising money to build a home for homeless young people.

The event was well supported with over 1,800 people participating with over $400,000 raised to build homes for homeless young people. A great result!

We raced on ‘Margaret Rintoul V’ which is 61 foot maxi cruising and racing yacht.  Continue reading

Tax time is coming – Are you paying too much tax ?

Do you own or have you bought an investment property in the past financial year?

Or…  have you recently refurbished, altered or extended your investment property in the past financial year?Tax time

Or…  do you own an investment property but have never claimed depreciation in the past?

Or… own any property including commercial, retail, industrial, residential, pubs, clubs, sporting – we are experts in them all.

If your answer is yes to any of these questions then you may very well be paying too much tax on your income if you don’t claim your depreciation deductions.

Property tax allowances (commonly known as depreciation) provide an opportunity for owners of income producing property to reduce their taxable income, thus reducing the tax payable.   Continue reading