Recent content by dehgam

Thanks Paul.

I have got an investment property and trying to complete the tax return myself through e-tax. I am using diminishing value method. The depreciation schedule has got 3 items as follows: 1) Depreciation Pland and Equipment: $2,647 2) Low Value Pool Items: $444 3) Capital works deductions...

Great. Thanks Everyone for your quick response.

I self manage a property. I got a call this morning from a tenant advising that her car was stolen when it was parked on the driveway. She left duplicate keys of the house in the car and is now concerned that same people will use the keys to break in the house as well. She is asking me to...

Thanks everyone for your input.

Thanks Paul. Seems like there is no point getting another one done.

Hi, I have purchased a property which is 3 years old from another investor. That investor has got a depreciation schedule done which he is willing to give to me. Will it make any difference if I continue to use his depreciation schedule or should I get a new one done? Thanks.

Hi Aaron, Why make $250K interest only? Can you please help me understand? Thanks,

Thank you Peter and Brady for your feedback. Much appreciated.

Hi, I am aware that many people would have asked the same question in the past but I am still not clear on this and will appreciate your opinion. In a nutshell, i am planning to refinance my PPOR and use the additional funds (i.e. cashout component) to buy another investment property...

Hi, These questions may have been asked in this forum before but somehow i can not find using the search function. Question 1: I am a self managing landlord and the property is advertised for rent as the existing tenant is moving out. I downloaded the residential tenancy application form...

thanks everyone for their opinion. call me crazy but i have decided to go ahead with the purchase and review the decision in 5 years time.

hi buzzlightyear: Rent - 280 per week (confident that it can be increased to 300 pw in July). 4 units in the block. No body corporate. The owners share the insurance. purchase price 320K + stamp duty. comparable sales in the same steet...

I will appreciate opinions of members of this forum regarding a unit that we have decided to purcahse. Offer is accepted. Cooling of period is still on. It is located on Berkeley Crescent, Altona North Victoria 3025. Even though this is our second IP, we are still not 100% sure whether we have...

I will appreciate views of members of this forum on my question below which relates to refiancing. We bought a property in 2008 which was our first PPOR. We did not have offset facily but unlimited repayments and redraw. For about 2 years all our salary went as additional repayments to...