BOOK OF THE MONTH

EMI BERRY

PROPERTY INVESTING FOR DUMMIES

Brammall, Tyson and Griswold

WILEY $39.95 RRP

Did you know that property is one of the three time-tested ways for people of varied financial means to build wealth (the others are shares and small business)? The authors of the latest edition of Property Investing for Dummies advocate a long-term view. They caution investors against short-term property investing that promises overnight wealth.

This second edition has been updated to help guide you through the latest property issues. It aims to provide you with enough information to make sound and sensible decisions.

It covers: how to take advantage of super’s tax concessions to potentially build tax-free property wealth; how to use new gearing rules to boost returns and increase diversification; the pros and cons of hiring a buyer’s advocate; how to navigate the tricky legal requirements for SMSFs and property gearing.

Ten readers can win a copy

In 25 words or less, tell us what mystifies you most about investing in property? Send entries to Book of the Month, Money, GPO Box 3542, Sydney, NSW 2001 or email This email address is being protected from spambots. You need JavaScript enabled to view it. . Don’t forget to include your name and postal address. Entries close June 4, 2013.

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