Recent content by Mal P

Hi Rob, Yes indeed, I need to talk to an accountant who know all about this - would you know of any? :) I would still be classed as an Australian resident for taxation purposes, as I was away for less than 2 years AND I was only on a working holiday visa, fully intending to return to...

Hi folks, Sorry for digging up this old thread, but I'm in the exact same situation Rob G mentioned above - I've been in the UK for two years but have to pay Australian tax as I am still a resident for taxation purposes. The thing is, my UK tax exceeds what Australian tax I would have paid...

Hi folks, I'm on a working holiday (on a two year visa) in London at the moment and have just scored a professional permanent job. I would like to buy an apartment here while I'm earning the pound sterling and I was wondering if you knew of any banks here that would lend to non-residents on...

Hi Helen - I didn't actually end up going ahead with the resurfacing. I ended up re-doing the whole bathroom, because it turns out the walls were actually the James Hardie Tile Sheets!

Ben - I'm doing the same thing, going to London to work for a year or two while my IPs are negatively geared. Because I am still a resident for taxation purposes, all overseas income is taxed (thank you K Rudd for introducing this) but any tax paid in the UK can be used as an off-set.

Yikes. Is there an insurer who have an all inclusive excess? Thanks

stumunro - Interested to know why you think Brisbane will be flat for a year or so? I only ask because I've been watching for a while as well, and I feel somewhat the same... there was a surge in purchases last three months (mostly lower priced stock) that as a result has inflated the asking...

Hi folks, There have been a few threads talking about good PM's in Melbourne but for my property in Yarraville I was just wondering if the people in this forum could recommend a good boutique PM that service the inner west? The reason I'd like a smaller agency is that with the big agencies...

Hi folks, I'm looking at a house in Brisbane that has a granny flat underneath the living area which has a height of 2m so it is not legal height. I'm thinking I'd like to rip out the ceiling around this granny flat area to create a "loft style" living room, and add an internal stair case...

Thank you! The credit card is a good option but the process of going through the credit card approvals etc at the same time as trying to settle a loan might be tricky. I suppose I can always borrow cash from relatives at commercial rates. Probably a lot easier! Sincerely, Mal

Hi folks, I have an interesting situation... I have drawn down all the equity I can from my present IPs at the moment, which gives me a reasonable amount of cash towards the deposit on my next IP purchase, but not enough to completely cover it (need an extra $40k). I have plenty of savings...

It's deep speckled blue and looks mighty ugly :o

Hi there, There's a commercial vinyl installed in the bathroom of my IP in Melbourne and I've been looking at options to replace it. However, instead of going to all that cost, is it possible to just re-paint it? I.e. similar to tile resurfacing? Any tips? Thanks!

Hi folks, I have an issue regarding settlement on an IP. I was intending on using proceeds of a refinance (and at the same time release of equity) from one lender to another to provide the deposit for the IP, however, the refinance looks like it won't be ready in time. If I use my own...

Who are the top BA's in Brisbane folks here could recommend? Life would be a lot easier if I could outsource the research!