Recent content by ABC123

Hi, I purchased an investment property brand new almost 4 years ago. It came with a brand new dishwasher that was valued at $1887.00 new in the depreciation schedule (which was done when I first started renting it out 4 years ago). The dishwasher has now broken and the written quote has...

Thank you all for your responses that's been very helpful. As a landlord, I know that depending on a number of factors like perhaps the state of the rental market, time of year, a property can be vacant for quite a while more than a couple of weeks. Something that I might not be able to...

We own two IPs and no PPOR. So we pay rent to a landlord where we live in Queensland. We are planning to sell these IPs to buy our first PPOR. We have never sold a property before. Just looking for some advice/tips on the practicalities and timing of it all (Moving into one of the IPs is...

I plan to convert a Queensland investment property into my PPOR. PM has issued 2 months notice to vacate the property by a certain date. PM has advised that we don't move in until 3 working days after the date in question so as to give the PM time to do the final inspection and give the...

Hi there, wondering if any accountants out there can answer this question! :) I own two properties, both are in my name only. I purchased Property 1 and have never lived in it, it was rented to tenants on settlement. I then purchased Property 2 a year later. I immediately moved into Property...

Hi all, I am just trying to do some calculations to figure out what net profit I will have if I decide to sell a property. So after capital gains tax and real estate selling costs, etc. I can get an accountant to do the capital gains tax calculations. Its just that I don't know what the...

My girlfriend has an investment property in Perth and we live interstate. Its just a standard residential property let. Not corporate, commercial, or holiday letting. Its her first investment property and the PM was instructed to put the tenants on a fixed term lease for 6 months with the...

Hi, No I wasn't affected by the floods. Close to the flood zone but not really in it as far as I can see.

My understanding so far from speaking to the existing insurer is that I either : a) have the body corporate agree to top up the existing policy with the flood cover component or B) I pay the top up myself for the whole complex (which would be $800 pa). The policy does cover flash flood runoff...

Hi there, I have an investment property in Brisbane and Ive discovered that the Body Corporate's building insurance policy (AMP) doesn't cover floods. The BCC's flood report shows that the whole unit complex is in an overflow path (although not near a river /creek) so there is some risk of...

whoops, guess i read that wrong. cheers

I dont think Granny Flats Australia cover Queensland.

main roads I agree with Biggles. The article is written by a buyer's agent for Metropole - Michael Yardley's company. Of course a little hyperbole about main roads is good for raising buyer's anxiety about location and generating business for potential property buyers. Making...

Warwick Hi, Thanks to both of you for your replies. I can't say Ive read John Fitzgerald, although I do have the book you are referring to sitting on my pile of investment books to read. ;) Whilst we are quoting authors, I am currently reading Margaret Lomas's "20 must ask questions...

What do people think about this town as an investment?