Recent content by Shanty

Thanks for all your comments and suggestions :)

Two attempts to purchase from agents in the building have ended badly - both times through their own bungling when I was prepared to pay top $. And as I said, now that they know me they tend to use me as a foil to raise prices against other bidders. These aren't expensive units and I don't mind...

There's an apartment building I've had my eye on for years that I'd love to get into, but they come up infrequently and each time the agents that have the virtual monopoly have proved a real pain. Even worse, because I've missed out on a couple they now know me, how keen I am and what my real...

Wondering if I leased my apartment to a pty ltd company of which I am the director (arms length at market rental, of course) would that establish the apartment as an investment for tax purposes and allow the usual deductions? (I would be living elsewhere but use the apartment as a business premises)

The executive style sounds like it is worth investigating. Does anyone know any brisbane agencies that do this?

I have an apartment in inner city Brisbane - one bed with view of the city etc. I would like to use it as a short term rental so I can keep my options open with it for a little while. Airbnb would be an option but does anyone know any agencies that specialise in this kind of thing in the West...

I thought of this, but would how would the buyer's agent get around the first agent wanting a commission. It would be my name on the final contract wouldn't it? If they would somehow make that go away I would seriously consider using one as I believe they seller would take a lower offer at this...

I found an apartment in a block in Brisbane that I was quite keen to buy and made a couple of offers and one was accepted. At the last minute, the seller decided not to sign, then moved the property to another real estate agent. I renewed my offer to the new agent and now the seller will not...

Thanks, Marg. I take your point. Fortunately I will have some work to do while there.

T Thanks to all repliers. Much appreciated.

Question is: what are the exact steps I need to take to re-establish I home I haven't lived in for seven years as my primary residence? From answers so far it seems there is no such set of steps are encoded in tax legislation.

To make the situation clearer, the house I own is in Canberra and I live in Qld. That's why I rent - because I don't want to buy in Qld but I do like living here :)

Thanks for the interest. I have no other residence to claim as a primary over the past 7 years. Plan after moving back in for a few months would be to rent it out again and go to live in a rented place again. Bottom line is I bought this place in 2006 and I want it to be my primary residence...

Thanks Mry. It's all pretty unspecified. I think if I move in, get everything connected in my name and change my address on the electoral role they won't have much to complain about. If there are no specific rules I can't see how I can be breaking them. The whole PR thing seems to work on the...

Hi. I have a property I haven't lived in for seven years now. It has a large capital gain and I don't plan to sell for another ten to twenty years. As I have rented since leaving it I would like to keep this property as my primary residence for tax purposes so that when the time comes I won't...