Top 13 Mistakes to Avoid with Granny Flats
Granny flats are increasingly being constructed in Australian backyards. Whilst there are a number of reasons for this trend, you should ensure you are equipped with the facts before considering such construction.
By the end of the book, this is what you will know:
- Assuming a granny flat will increase the value of your home
- Assuming the granny flat can be rented out to generate income
- Potentially reducing the rental income potential and occupancy rate of an investment property
- Not understanding the tax implications
- Not understanding different permits and approvals are required
- Much more
