Recent content by Brettus

Thanks everyone, it seems this topic opens up quite a can of worms! Someone suggested I shouldn't discuss fraud in public, I am merely asking a question which I am unsure about, I am sure it is legall to discuss crimes which have occured, they even have TV shows about crimes. Anyways, just...

I don't see how the businesses my friend deals with would know whether or not the GST on the invoice is legitimate, they would simply claim GST credits. I am not registered for GST but I still raise a professional looking invoice with my ABN and I just list GST as zero. And yes I do have...

I am currently self employed with a declared income of <$75K. I am not registered for GST. I have a friend who is in exactly the same position, but tells me he adds GST to his invoices and pockets it for profit, even though he has not registered for GST. HE also says his accountant has said...

Thanks guys. To explain my situation a bit more, we are actually considering selling it and not leasing it out again. If we go ahead and put it on the market for sale, does it mean the interest paid after the tenants vacate is not tax decuctable? Cheers, Brett

Hi All When doing our tax return last week, the accountant asked if our investment property was available for rent the entire year (besides the time it was being tenanted). Next month the tenants are actually vacating and so we will spend a few weeks in there doing some maintenance, so my...

Thanks all, its not a real serious matter, its just that I hate cats! Well most of them anyway. My mother has one which is inbred (i think) and its a nut case and has ******** all through the garage to the point where you cant even go in there. I guess I will just eyeball, or should I say...

I went out to my rental the other day to do the lawns and when I arrived a saw a cat inside asleep comfortably on the carpet with the curtain half wrapped around itself! A cat was not part of the agreement whatsoever, I strictly said to the PM no cats, however they had a dog which i said was OK...

Depends what your goal is and how much you are used to getting paid in your normal work if you work. If you get paid $100 an hour, pay some chumps to do everything for you. But I don't get paid much, so I am happy to slave away at whatever I can, and feel happy if I have been roughly half as...

Yo Handyandy, can you explain the firewall thing? Would this apply if simply adding a second kitchen into an existing house so it can be "self contained" and rented to students?

Aldi are set to open another 300 - 400 stores in Aus over the next 3 - 5 years! This giant company will control retail and grocery in Au if we allow. If anyone considers dealing with them for property, know that they make giant profits and make sure you get good coin for your land.

According to API Snowtown has the 5th highest capital growth % in SA! I guess people are forgetting about the bodies & barrels thing.

For carpet try Western Distributors in Nth Sunshine. We shopped around for a while got a best price of $9500 for some carpet, then found the same at these guys for $7200. Good service too

I did put a clause in the contract referring to the building report but that only said I had the right to end the contract if a major structural defect is found. I think if I find a defect like the toilet plumbing is completely blocked I would have a right to negotiate it being fixed as it...

Hi All Settlement on my first IP is in a few weeks so I will be called on for a final inspection before this happens. Can some more experience investers give any tips as to what I need to be looking for or asking?? Do I have the right to make some noise and insist on repairs if I see...

Thanks Battler your a wealth of info. You know any good books for someone who wants to build their own extension but is stuck in a job? You should write one! For me !:D