Recent content by Neil Richardson

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    Moranbah, QLD

    I think that the harsh scary reality is that the bottom of the cycle could be when things are worth $0. Towns like Moranbah were developed only for mining. Take the mining away and there is no reason for the town. In light of the developments over the last decade or more, I am guessing...
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    Emerald, QLD advice!

    It is certainly not pretty for Emerald, or any of the proper mining towns in CQ. Emerald always had and always will have agriculture, but the mining boom for the town is finished. It is a very ugly story right across CQ.
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    Deprecation report

    I'm with Syba on this one. Quantity Surveyors have been around for a looong time. Tax depreciation on rental properties - not so long. So yes, some good Quantity Surveyors can do more than just Tax Depreciation. Cheers
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    Good/bad areas in Mackay/Yeppoon ?

    Yeppoon over Mackay would be my suggestion for Retirement. As Norwoodman says, virtually everything you need is in Yeppoon now.
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    Depreciation Report -wld you get one?

    As everyone has said (except FL) yes at the ripe old age of 1995, there is plenty to claim.
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    Can you send me your Depreciation Schedule?

    F lucky. The videos you linked are great. Sure they say you "can" DIY. But they also say you may need to show how you worked it out. Nowhere have you shown or understood how construction cost is even remotely linked to purchase price. It isn't.
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    Can you send me your Depreciation Schedule?

    Well just when I thought I would get some work done today I went and grabbed some popcorn and had a read of the "no valuation" thread. My head hurts now :D
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    BMT v deppro - recommendation?

    And don't forget the small guys where the receptionist, accounts department, inspectors and the actual report preparer are all experienced and qualified Quantity Surveyors ;)
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    BMT v deppro - recommendation?

    What Redwing said !!
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    Depreciation Schedule is it worth it ?

    Tano What I generally suggest to clients is that if the client deems the units to be identical or similar enough, then I do one report and they use it for the other units. That way it is up to the client and their accountant to determine the similarity of the units. If however the...
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    Gladstone QLD - How is it Going????

    "In fact, now is basically the perfect time to buy for the contrarian investors." Wise words David. It looks like locals are taking advantage of the lower prices to secure an investment property for the longer term or get back into owner occupying again. The boom saw a lot sell up and move...
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    Depreciation schedule

    Definitely worth doing. Don't bother unless you get a QS to visit the property.
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    Moranbah - 100% FIFO

    My example was, strangely enough, an example. If that could not be easily seen, well then I see that as, to quote someone: "a fail" I was referring to the fact that these towns are EXISTING with EXISTING families and EXISTING businesses and they are struggling to remain towns when...
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    Moranbah - 100% FIFO

    Dex Have you been to Moranbah?
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    Moranbah - 100% FIFO

    Folks from the big cities also have to put themselves in the shoes of the small town residents and business owners. If you owned the only shoe shop in Brisbane and most of city's population decided to fly to Melbourne to shop for shoes, you would struggle. Your family would struggle. So...
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