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Another one of those "where do I get the deposit from" questions for the finance gurus. Any advice would be appreciated. I currently own two IP's worth approximately $800k in total for which I receive $755 p/w rental income. I owe approximately $650k on these properties. Both of the existing...

Hello all, A quick tax question. I am converting our current PPOR to an IP in two weeks and I have had a valuation completed so a new cost base is set for CG purposes should I sell this property some time down the track. I have an LOC which I use to pay for all other IP costs on two other...

Hi, I'm about to relocate from North Queensland to Canberra in early January for employment reasons. We are leaving our three investments properties behind in Townsville and we are looking to rent for the next 2-3 years. All part of the long term IP strategy (along with the fact my employer...

I am considering buying a one or two bedroom apartment with a secure car parking space in the Spring Hill or Brisbane city area. What are the implications if I make the apartment available for rent without the included car space and I use the car space for my own use (I work in the city)...

Hello, Although I have been a regular surfer of Somersoft for sometime now this is my first post. I currently own three IPs in Townsville and I am looking to cut some fat from my holding costs. I have each IP insured with Suncorp which includes house, a small amount of contents insurance, and...