bingo that's on the money
find a way to compensate landlords for risking an LT vs a ST lease
imho the only way is to bring forward write offs for improvements that increase the amenity for a tenant
- new hot water system
- installing screen doors throughout
- split system aircon unit
- replacing or tearing out old carpet
- built in wardrobes
- smoke alarms
- painting kitchens or bathrooms
- removing mould repairing structural cracks
- rangehoods, sinks, benchtops
- solar hot water / 6-8kw solar systems etc
make it all instant write off and link it via the ATO to an LT lease
this would make LT competitive vs ST because ST requires a lot of ongoing effort whereas LT should be set and forget with minimal fuss
- Forums
- Political Debate
- This is Why Landlords Quitting Victoria
This is Why Landlords Quitting Victoria, page-116
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Peter Batten, MD
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