Tuggeranong Legal

30/08/2023

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🏠 If you own a rental property, make sure you have a depreciating assets schedule.

A deprecating assets schedule is a table that shows the decline in value of an asset over its useful life.

Remember:
👉 New depreciating assets can be claimed over their expected life span. This may include a new washing machine or new furniture

👉 You can’t claim second-hand depreciating assets – but you can claim repairs.

13/05/2023

Happy Mother's day to all the mother figures out there, especially to the mums of the Tuggeranong Legal family.

24/04/2023

We would like to thank all those that have served and their families that have supported them, so that we may enjoy the peace and freedom we have today.
Lest We Forget

18/04/2023

Sorry, our phone lines are currently down. We apologise for the inconvenience.

06/04/2023

From all at Tuggeranong Legal, we wish you all a safe and happy Easter. If you are travelling this Easter weekend or throughout the school holidays, please take care. Remember, the journey is part of the adventure, so don't rush.

31/03/2023

Don't forget daylight savings ends tonight.

31/12/2022

From our families to yours, best wishes, may 2023 be all that we need it to be.

23/12/2022

From all of us at Tuggeranong Legal we wish you a happy and safe Christmas. We want to thank you all for the support you've showed us this year and look forward to working with you when we return to work on January 9, 2023.
We also want to thank our wonderful staff, we have really appreciated all your hard work this year.

01/10/2022

21/09/2022

Here's 8 Pre-Auction things you should do BEFORE you attempt to purchase at Auction.
1. Check your financial capacity, obtain your pre-approval from your lender BEFORE you attend the auction.
2. Have the sale contract for the property reviewed.
3. Follow up any concerns the building report may show, and DO a thorough pre auction inspection, raise any concerns you may have with your solicitor prior to the auction. Because once the hammer falls there is little that can be done for you.
4. Register to bid with the agent This may be done either prior to or on the day if the auction.
5. Attend an auction or two to watch how the proceedings go. This will give you confidence to bid when you find the property of your dreams.
6. Have a bidding strategy with a limit, and stick to it! It is very easy to get caught up and suddenly discover you have purchased a property you may not be able to afford.
7. Keep the emotions out of it. I know that sounds crazy, but if you let your emotions take over, you may end up purchasing a house you can't afford, or paying more than it is worth. If you feel you can't keep the emotions detached, consider a bidding agent, or someone that is more seasoned at bidding at auction. Remember you will need to authorise the agent or bidder with the auctioneer.
8. Be prepared to pay your deposit at the fall of the hammer, this is normally 10% of the purchase price. Check with the agent what form of payment will be accepted, bearing in mind that most auctions take place on a weekend and make plans to take this into account.
Good luck and happy hunting!

13/09/2022

Are you over 18? Are you looking to buy your first property? Do you earn a gross income less than $170000.00? Maybe you are eligible for a First Home Buyers Concession, why not complete the eligibility test on the ACT Revenue site.

The ACT Government has a concession scheme to help people buy a home or residential land. The scheme is administered by the ACT Revenue Office.

02/09/2022

Thank you ACT Property Inspections, you made our day.