Recent content by RetiredBy50

Thanks Duncan. For the borrowing cost less than $100, can you not cliam 100% straight away without spreading over 5 years? Regards

Hello everyone I am going to settle my IP in QLD in a few days. I have been charged to pay a QLD Credit Business Duty ($64). It seems to be a duty payable on loan in QLD. Does anyone know if it is tax deductible or capital expense ? Thanks RetiredBy50

Does anyone know any good pest (termite) inspector in Brisbane ? I have 2 IPs in Northen and Eastern suburb. Thanks

Any comments on this article

Thanks RPI

I have an IP in QLD and its roof (structure) and tiles were damaged by the recent storm. The cost of repair will be $1800. I have the building insurance with excess of $300. The question is - should I claim for the damage (ie. $1500) or should I get someone to repair and pay for my self ...

Residex Report predicts over 16% growth for next 3 years for Narangba which is in Cabooture Shire as well. Narangba seems to be a nicer suburb for families as well

Guys Thanks very much for you comments

Let's say you used $100K from LOC to invest in Shares. Later sold all the shares for $90K (with loss) and deposit back $90K to the LOC. Now you owed $10K to the bank. Is this $10K still tax deductible (eventhough you do not have any investment in shares) ? Does...

Ammo I ended up with NRMA since premium is much lower than others and there is not much difference in policies.

I know that most lenders take into account your income using the following rules. 1. 35% of your salary 2. 80% to 100% your rental income What about the dividends from shares & managed fund and also interests earned from your bank accounts (ie. term deposit) ? Any comments ?

I have the following variable rate home loan Original loan amount : $400K Current Balance (Oweing) : $300K Redraw Available : $100K When I apply for a home loan, which loan amount should I mention to the bank ($400K, or $300K) ? One...

Thanks very much for your comments. Residex report also predicted that the Narangba suburb (which is no far from Morayfield) would have more than 16% growth for next 5 years like Morayfield. That suburb seems to be a nicer suburb . Also has primary school, high school, shopping centre and...

Thanks very much for your comments. Residex report also predicted that the Narangba suburb (which is no far from Morayfield) would have more than 16% growth for next 5 years like Morayfield. That suburb seems to be a nicer suburb . Also has primary school, high school, shopping centre...

I have been doing some home work on Morafield area. Some people say it has a very low vancy rate. When I look up the realesate.com web site. there are quite a lot of new properties for rent. Does anyone know the actaul vacancy rate in that area ? Thanks