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Thanks for the replies, its given me alot to think about.

Hi, Im considering selling my IP which is currently tenanted for the next couple of months, they have given notice to vacate before the lease is up at the end of the year which covers me for rent and contract canceellation fees. The conundrum I face is whether I am better off putting it...

Hi, Looking with some info on how best to organize an arrangement to trade my friends or families money. I am a FT trader trading my own account and have considered trusts and getting licenced, however am more interested in a simple straight forward approach. Any ideas?

Thanks for the great responses, much appreciated.

Thanks for that. A few of these windows have been painted shut, how would I find somone who can open these so locks can be put on? Thanks

Thanks for the quick reply guys. Other requests are: windows won't open as some were painted shut, front door can't be deadlocked and back can only be locked from the inside. Also, mentioned there is no ariel connection for television reception, internet or telephone connection; which weren't a...

Hi, Im after some basic guidelines for when tenants make requests. I have a property manager who has told me my tenants have asked about a bunch of stuff to be done, however when they signed the lease there was no mention of anything. So how does it work? Am I obligated to add things such as...

neK, That's correct. Stated in my earlier post. coastymike, Your are right, there are lots of issue. The article I referenced was not intended to be used in relation to the issue at hand, just an example of what one can do in that situation. Do you happen to have any information on...

Nice work making the call, was going to get to it myself. Spent a fair bit of time on the net and it's amazing how much I can find on taxing rental income but almost nothing on using losses.... funny that;) anyways this is what I found, it is taken from an article i dug up. Take note of the...

Hi Kathryn, There seems to be so much grey area around these issues, after doing some extensive research and managing to get only conflicting information from accountants in Oz and Canada Im still trying to get to a difinitive answer from both countries. I think this is the way they like it...

I did the domicle test on the ATO website stating I will be a non resident of Australia and seeing that I will be setting up residence in Canada with my family I am quite cinfident I will be taxed as a resident of Canada. I have received independant advice from an international tax accountant...

Shaneelastic, I mentioned in my previous post that I have spoken with accountants and have done some research yet have'nt got a definitive answer, that is why Im asking my questions here. I will definitely be a resident of Canada as I have just about every tie there is through the domicle...

NSW, I also think my first question is a feasible yes, was just looking for some confirmation. On the second question I would assume a NO also. Thanks for the link to the book, will check it out. Pushka, If you put it like that then ofcourse. However, lets think about it from another...

Hi, Has anyone done something simmilar that they might be able to share their thoughts. I have an IP in Australia that will be rented (negatively geared) whilst Im living overseas, therefore I'll be classified as a non resident of Australia. Will I be able to claim all my losses from...

Hi, I can't seem to get this one answered. My accountant seens to think that anytime you move funds back and forth from one country to another, this will trigger a CG or CL if those funds are moved for the purpose of in investing. An example: If I was to transfer 1000 AUDs from Oz account...

Not saying a LOC can have an offset attached, sorry if I worded it like that. I was referring to having borrowed additional amount from the mortgage to be placed into a trading account and then pay back into the offset but continue claiming a deductible debt as intially used for trading.

I think you might be OK Devo, as it sounds alittle simmilar to what I was told. For example: If you have a LOC or have borrowed against your home loan and decide to use those funds for investing (share trading) you are able to claim a tax deduction on the interest incurred on the amount...

Project 1080, How is it that you can carry forward gains? I have'nt heard this anywhere, sorry about raising an old thread but just remmebered this question from awhile back.

thanks for the feedback.

If it is not deemed 'tenants in common' & becomes 'joint tenancy' does that then mean you can choose who incurs the capital gains tax?