Recent content by w0nnie

  1. w0nnie

    Valuation for CGT (IP to PPOR & PPOR to IP)

    We are doing exactly the same thing in coming weeks, swapping IP and PPOR, I searched the forum to see whether i could use a local agent to do the valuation or a certified valuer. As noted above it must be a valuer. Can anyone recommend a valuer for the outer Sydney western suburbs, as it is...
  2. w0nnie

    Darrel Lea faces a rocky road.

    yeap, lack of innovation is the issue, walk into lindt or max brenners at lunchtime or in the evenings and you can be lucky to get a table.
  3. w0nnie

    Timber floor coating

    I used gloss Cabots CFP Oil based plus CFP Hardener on a new hardwood parquetry floor just on 10 years ago now. It is now starting to age but has stood up extremely well. We will be recoating in about a years time as it will become an IP and ill go the same route.
  4. w0nnie

    Oh, snap! Mount Druit, Campbelltown, etc. just got robbed today!

    sorry to burst your bubble but the latest available NSW stats portray a different story: ◦The greatest increase of children was in the Sydney area. Inner Sydney and Central Western Sydney had the biggest increase followed by the Eastern Suburbs •Within Sydney, births decreased in the...
  5. w0nnie

    The Biggest Tax EVER in Australia

    wow, a government who has trouble getting policy through due to a populist 'opposition'....sound familiar?
  6. w0nnie

    Is this PM greedy or what?

    so if they are presenting an itemised list of most things they will charge for, what is the 9% covering. lawyers will hit you up for a fee each time they speak to you but generally they aren't also going for a big chunk of your turnover week to week as well.
  7. w0nnie

    Where to buy paint in Sydney (west)

    i've found Amazing Paints to be pretty good. i only go to BUnnings when i have time constraints as they are open late on weeknights. seven hills would be your closest: http://www.amazingpaints.com.au/locations.html
  8. w0nnie

    Renting out PPOR advice

    Also a valuation on the PPOR -> IP property will be required for determining CGT down the track, this will be then the cost basis for any calculations if the property is sold. You dont need it for IP -> PPOR though, for that direction they use a pro-rata calculation and charge CGT on the %...
  9. w0nnie

    Do you support negative gearing?

    one thing not being included in the numbers being thrown around is the effect negative gearing has on properties at the lower end of the market that previously were being picked up by public housing. Whilst lowering house prices will help those in a position to purchase, there are plenty, who...
  10. w0nnie

    The Biggest Tax EVER in Australia

    http://www.smh.com.au/environment/climate-change/live-blog-the-carbon-tax-debate-20111012-1ljtf.html 9.37am: Much applause, hand shaking and congratulations all round as the Clean Energy Future bills pass the lower house. The government secured the passage of the 18 bills with the support of...
  11. w0nnie

    The Biggest Tax EVER in Australia

    popularity contests aside, I'm still looking for the reasoning behind the term 'corrupt' similar to the other claims of 'undemocratic' or 'democracy is dead'... personally the member of Parliament that i voted for is still there, i am guessing everyone else's is as well... so democracy is...
  12. w0nnie

    The Biggest Tax EVER in Australia

    why are they corrupt?
  13. w0nnie

    Property Photography

    also give http://www.nearmap.com/ a go instead of google maps, it often has more recent, higher res images. also +1 for just taking a screen shot. windows 7 has the 'snipping tool' and also google 'snagit' for something with more features if you need them
  14. w0nnie

    What will you do with your tax return?

    new dishwasher in the IP and the rest into the offset
  15. w0nnie

    Penrith NSW

    One thing to consider when comparing Penrith to the suburbs a little closer is that it does have better cityrail links than all the stations between it and blacktown, being a stop on the mountains line. This provides it with the normal suburban express trains as well as the outer urban...
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