Recent content by lovelykym

Hi All And Thanks in advance for any information/ help/ thoughts/ knowledge on this area. Does anybody have any information on the area . Specifically the old eagle heights area in close proximity to "Gallery Walk " Long Road where all the trendy little shops and cafes are situated. I...

Hi Sorry I guess its my lack of understanding in regards to investment properties. Yes initially brought the first property because of negative gearing against income , however now they are positively geared and we are paying tax and the accountant has said that we will be continuing to pay...

Hi No it wasn't really available to rent as we had to do quiet major renovations to this home . It is tenanted now with tenants on a 12 months lease paying $490 wk. They paid up front 6 months in advance . In terms of goals yes less tax payable is better as my husband and I both work in F/I...

Hi Thanks for the reply. Goals are to own our own home and be financially secure . We pretty much stumbled into this property thing and touch wood have been so lucky with amazing rents ,long term tenants and good growth .However we are not sure were to go from here to be able to purchase or...

Issues Hi Thanks for the reply. The accountant that we have said that we made approximately $10,000 profit therefor we would need to pay . The new property at Southport was apparently not a tax deduction this financial year as it was not tenanted until September 7th and as the interest rate...

Hi Thanks in advance for all advice offered for out question..(: Relatively new to property investment ( 5years ) . Pretty well just stumbled into it and continued to do so along the way. This is the first year that I have had to pay tax ($200) instead of receiving a return of usually...

Hi Can anybody tell me the pros and cons for setting up an investment loan interst only as opposed to half and half. We currentlY have our loan set up interest only and it has been for nearly 3 years. I understand the tax benifits in terms of being able to claim against my salery of 130,000...

Just wondering has anybody ever used gold buisiness group for tax , investment services. Also Steve Hodgkinson. Any wonderful reports ... I guess its good to ask.

Hi Again Thanks again, its so good to hear feedback, just reasures you. Will look into the quantities surveyor that you have mentioned and get that going. Still need to fine someone who can help with the tax side of it. We are living on the goldcoast so somebody in this area would be good...

Hi thanks so much for taking the time to reply. Its always good to talk to others . Yes we feel we were extremly lucky in our initial purchase and hope to continue. Would next step be to get the houses valued and see what equity we have and start looking. ? If you have the time your thoughts...

Hi Thanks for the reply , is that the most important thing at the moment. Somebody also mentioned a quantities servayor report .

Hi As we are pretty new to the investment road , we are keen to hear any thoughts, suggestions or idears on who might be suitable to help us. We would like to find somebody that basicaly covers the investment tax side of buying houses for negitive gearing , also helps to point us and make...

Hi Does anybody have any infomation on purchasing an investment property using my super. Would like to know if it is possible and what i would need to do. Thanks for the help in advance , Lovelykym

HI Thanks for your peplt, its a little daunting in the beggining. I guess youve just got to make a start in this game called property investment... I think ive done well... fingers crossed. thanks Kym

Yes you are right even houses in perfect order require maintanance, however my question was is that return a good return for the outlay. A lot of people pay 300,000 plus for one home and get only half that return . My original question was - What is considered a good return on out lay for...