Recent content by eggnog

Hi Paul. Are you saying that the 6 months interest paid during construction is non tax deductable?

If you're building a new house to rent out are the interest paid on a loan taken out for all the finishing touches such as fence, landscaping, tv antena, curtains, mailbox, aircon, etc fully deductable?

I know in Pricefinder you can do a search on current properties for sale or rent with certain criterias like price range or suburb but does it also have the ability to send you weekly email alerts for new properties as they get listed?

Thanks Terry. Much appreciated.

Is GaryT a member?

Anyone have recommendations for a great property savvy accountant that is based in Brisbane. My accountant has left the profession after many years of exceptional service. Am looking for someone who understands trusts and investing structures and who i can use as a sounding board. Oh, and would...

Interesting. Thanks Paul.

Are invoices or receipts necessary for all items you claim back through tax? Is it possible instead to have a printout of an email from the service provider stating price, job contracted for, job number and bank account details AND have a printout of your bank statement showing payment for that...

Thanks Rixter. That's what I thought as well but wanted to run it through the board.

I've sold a piece of land in Qld which puts my total land value under the minimum taxable threshold. Since I've paid land tax for this year am I allowed to claim back a portion of it?

I was doing some research a property through Pricefinder and noticed it had a really strange listings history. Property has been listed on and off for the past 6 months. In that time it has been through several different agencies. The sales price originally started at a certain level...

And why would he not have paid stamp duty? If he has found a way to be exempt I would most definitely like to know of it.

What profit? Considering ~7% transaction costs dude came out with a loss.

Hi Richard. You are correct. Mountain of cash but useless serviceability.

Thanks Rixter. Totally forgot about your cashbond strategy. Something to look into. How much interest do these annuity funds pay you back? Is it higher than an offset account interest rates? You also mentioned it is not for everyone. Care to enlighten who or what scenarios this strategy...