I'm definitely a landlord that does xmas gifts. Interested to see gift ideas other people have (for tenants). The more thoughtful or unusual the better!
Last year I did a package of their favourite beverage, some chocolates, and a ticket to go on a scenic 40min cruise. I gave this to each tenant in a unit block and it worked out a bit like their own personal xmas party.
All ideas welcome on this thread !
Jacqui Middleton | Middleton Buyers Advocates
http://www.middletonbuyersadvocates.com.au
Email Me | Phone MeVIC Buyers' Agents for investors, home buyers & SMSFs.
Hi JacM,
Do you have a property we could rent from you.
Your great !
.
Ah, give em a new deposit book to make it easier to pay the rent!
Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
http://www.Structuring.com.au
Email MeLawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au
A bunnings voucher – hopefully it will be spent sprucing up the property
Movie tickets are an obvious choice.
Cheers
Jamie
Jamie Moore | Pass Go Home Loans Pty Ltd
http://www.passgo.com.au
Email Me | Phone MeMortgage Broker assisting clients Australia wide Email: [email protected]
See I like to give pressies to my property managers and agents………
Target last year had some good small sized hampers.
I've bought those flower arrangements that come in boxes before too.
Geez JacM, you've made me think now!
Cheers
D
DWolfe | www.homestagers.com.au
http://www.homestagers.com.au
Email MeCan you claim presents for tenants as a tax deduction?
possibly
Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
http://www.Structuring.com.au
Email MeLawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au
DWolfe wrote:See I like to give pressies to my property managers and agents………Same – particularly at the start of the tenancy. We self manage and find that a bottle of bubbly and a box of chocolates builds some great rapport early on.
Cheers
Jamie
Jamie Moore | Pass Go Home Loans Pty Ltd
http://www.passgo.com.au
Email Me | Phone MeMortgage Broker assisting clients Australia wide Email: [email protected]
Giving out presents to tenants is a good idea but you wouldn’t want to become mates. Makes it harder if things go pear shape later on.
JacM wrote:I'm definitely a landlord that does xmas gifts. Interested to see gift ideas other people have (for tenants). The more thoughtful or unusual the better!Last year I did a package of their favourite beverage, some chocolates, and a ticket to go on a scenic 40min cruise. I gave this to each tenant in a unit block and it worked out a bit like their own personal xmas party.
All ideas welcome on this thread !
How many of these Christmas presents are we talking about? that certainly adds up in a hurry.
Oh Jac is far too generous in my opinion.
I am with Tom and Terry (Not Jerry) might extend their lease by another 6 months without a rent increase if they are well behaved.
Of course my wife would give them 3 months free rent but that's why i look after the properties.
Cheers
Yours in Finance
Richard Taylor | Australia's leading private lender
4 last year. It'll be 8 this year. I think about $30-$40 per tenant is appropriate. The total cost to me this year will be less than 2 weeks rent for the lowest-cost dwelling I rent out. A nice gesture that builds goodwill and long tenancies. When considered in the context that my tenants last year literally helped with with a reno (I had zero tradie skills at the time, and they enjoyed getting involved and making friends with their neighbours) it would have been rude and taking the mickey not to give xmas gifts.
Jacqui Middleton | Middleton Buyers Advocates
http://www.middletonbuyersadvocates.com.au
Email Me | Phone MeVIC Buyers' Agents for investors, home buyers & SMSFs.
Ah Sir Richard you see I think differently. I am a numbers person. I won't be forfeiting the rent increase and calling that a xmas gift. A $10 rent rise equates to about $7500k more loan serviceability ($10*52/0.07). Spanned across 8 tenanancies that's about $60k more cashola I can borrow, just by doing the annual rent increase. I'm not in the business of giving xmas gifts worth $7500 to tenants….
Jacqui Middleton | Middleton Buyers Advocates
http://www.middletonbuyersadvocates.com.au
Email Me | Phone MeVIC Buyers' Agents for investors, home buyers & SMSFs.
I did give my tenants a carton of beer and a bottle of bubbly as a gift. They have been great doing odd jobs at no price.
Can this be tax deductible (Terryw), they probably saved me $500 in costs.
boney bream wrote:I did give my tenants a carton of beer and a bottle of bubbly as a gift. They have been great doing odd jobs at no price.Can this be tax deductible (Terryw), they probably saved me $500 in costs.
You will have to substantiate why it owuld be deductible. Possibly it could relate to expenses incurred in producing an assessible income.
Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
http://www.Structuring.com.au
Email MeLawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au
If i fall on hard times i am moving down to Vic and renting one of Jac's properties.
She sounds like the dream landlord.
Cheers
Yours in Finance
Richard Taylor | Australia's leading private lender
Me too!.
I hear she even gives back rubs on Wednesdays to each tenant and cooks them a meal on fridays.
Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
http://www.Structuring.com.au
Email MeLawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au
Back rubs,
That's a nice touch Jac.
JacM wrote:Ah Sir Richard you see I think differently. I am a numbers person. I won't be forfeiting the rent increase and calling that a xmas gift. A $10 rent rise equates to about $7500k more loan serviceability ($10*52/0.07). Spanned across 8 tenanancies that's about $60k more cashola I can borrow, just by doing the annual rent increase. I'm not in the business of giving xmas gifts worth $7500 to tenants….Hi Jacque…
That's sensational…love those numbers!
Jack
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