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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?

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...

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...

I'm hoping someone can shed alittle expert advice on this situation. If an IP that has two parties (family members) on the title and is written as tenants in common but without any mention of % division between the two parties, is it therefore legal to choose who incurs the CGT?

Hi, I know you can borrow against your home loan & then claim a tax deduction on the interest charged on the borrowed amount that is used to trade the share market. However, can you continue to claim a tax deduction on this borrowed amount if you were to put the exact same amount (proceeds...

Seems carrying forward losses to future years in order to reduce CGT is common. So how about carrying forward gains to future years, if you don't have enough losses in the current year to reduce CGT substantially? Any ideas?

Hi, Have got conflicting responses & can't seem to find a difinitive answer. Could someone please tell me when CGT would be applicable in this hypothetical situation below If one were to sign off on the sale of an IP before the 1st July 09, would that mean CGT is applicable on the 08/09 fy...

Situation: An IP was purchased 8 yrs ago in joint names (owner A & owner B), 5 years after that they decided to go there seperate ways. Owner A bought out owner B for an agreed price based on the market value at the time. Owner A now owns the whole property with the new adjusted loan soley in...

Hi, After speaking with many people & the council I have yet to get an answer to my below question. Does anyone know what the fine or consequences are if an IP with a business zoning that has been used as a business for more than 15 yrs, is now used as a residence without a residential...

Hi, Came across this place in Lower templestowe, Melbourne. Had a quick look on one of their inspection days & spoke to the agent, he says $500- $550. The place seems alittle different to what is in the area & am thinking there could be little interest because of this. What do others think...

Hi, I have an IP that I recently purchased leased and tenanted, the lease carries a renewal and the settlement date has passed. The previous owner wants to enter the property with the agent to remove the chattels that are in the contract. My concern is that, if the previous owner removes...

Hi, I'm new this forum, just stumbled across it by accident and have already gained alot from many of the threads. Wish I had discovered it earlier :)I have a question that may have already been answered previously, but could'nt locate in the search function. It is in relation to CGT on...