Recent content by JohnandDesiree

Hello everyone, My wife and I have (finally) purchased our first IP. Firstly, many thanks for all the interesting forums on this website, they have helped tremendously. The IP is on the Central Coast of NSW and requires some reno work - reconfiguring the internal walls (some structural)...

Again.....many thanks BV, the article is very interesting. We haven't included depreciation in the calcs because the properties we are looking at are generally quite old. I guess we are being conservative because any improvements will need to be depreciated. On Friday we purchased Steve...

Thanks BV, that makes sense. We understand that if buying through a trust structure, there is no threshold for Land Tax, so it kicks in straight away. As an aside, we've just realised that we have been estimating our tax benefits incorrectly and the deals are looking a lot better...

Hello, My wife and I are embarking on our property investment journey and this is our first post. We have read several previous blogs and found them very useful. We have just about determined our strategy and have set up a spreadsheet to model potential deals. One thing that we have...