Recent content by BenQld

I had a similar issue in my IP in bayside area. I had quotes from a few companies, and if you read the fine print to maintain their warranty was impossible in Qld, ie they said humidity cannot go above 80% or something which is not possible in a QLD summer. Plus the cost was very high...

yes I was happy, they did a good job.

I am preparing all my paperwork for my accountant and I had a quick question. I have lived in the house that I need to pay CGT on for part of the time (I know its not subject to CGT while it was my PPOR). But for the time it had tenants in it I claimed things like house insurance, rates etc...

yeah, It must have been Shane I spoke to (too many names in my head) Its good to be able to actually speak to someone who knows what they are talking about Ben

I would advise you to call the building boost and ask to speak to a supervisor. I spoke to 5 different people and got 5 different opinions on if I would qualify or not so I got angry and spoke to someone a few levels up who actually administers the grant and found the details out which...

I managed to get the sewer line installed. In the end all I paid for was a $900 sewer design (which was a joke, as it was a 2M straight line), and urban utilities paid for the construction which was about $3k as they mentioned something about a rebate for subdivided properties Ben

yes, I was living in my wifes house for 2 of those three years, and then for one of them, we were both overseas. But I guess one of them would still need to be our PPOR, and I think its probally better to have hers due to the value Ben

Hello I have to pay CGT on a property I sold last financial year. This will be my first time paying it. What things can I use to offset some of this tax I lived in this house as a PPOR for 2 yrs, then rented for 3, and then lived back in it for 6 months. When it was rented, all the...

dont use kero, as its an oil based product and it will soak into the unfinished wood grains and then when you put the polish over the top, it may show through unless 100% of the flooring has the same amount of kero soaked into it. Ben

I dont see why its an issue, as the policy objective is to build more houses and stimulate the market, and you are doing that. but because they are so vauge, it makes it easy for them to deny it. Ben

There is a website now http://boost.treasury.qld.gov.au/ its still just as vauge as the previous one, but I guess the government needed to pull their finger out and appear to be doing something given that this is supposed to come into effect as of monday. It now says that the "land...

yes, the OSR website is very vauge. I want to know exactly how they are going to calculate the $600k so I can make sure I am eligible. This government both federal and state seem to have good ideas, but execute them very poorly. Ben

Does anyone have any updates to this ? As I am close to signing a building contract, but it will take a few weeks for the town planners, so it wont be signed until after 1st Aug. I am trying to workout how they determine the $600k Is the land value based on the sales history, or the...

This does suck, but on the upside, if you buy land, and build a house, then it can be used to your benefit. I was going to purchase a house, and would have ended up paying about $25k in stamp duty. But I bought a block of land instead (paid $9k stamp), and I am now going to build. And from...

Thanks I will give those places a call Ben