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I had a work PC going and a home one and so created 2 logins - there was a big hoo ha at the time about how I could use the same login name but it didn't bother me... number of posts is no badge of honour IMO... just highlights my addiction. maybe I should log back in as the old me.. will see if...

actually I just remembered the other tenant I had with kids before the ones that got divorced and skipped the rent after trashing it (whilst having the gall to come back a couple of weeks later to take the gas bottle, letterbox and a few items from the shed)... yes it was a brand new 4x2...

may as well - beats an unstable family with pets (just went thru one of them. have left the house sitting empty for 4 months whilst I consider what to do. Resi yields are so low and tenats so painful that I am indifferent these days about whether places are tennated or not.

me too. unfortunately you have a 14 year head start - that's a long path ahead for me

yeh I know you don't believe in it, but i think we all agree it's not sustainable at current retail levels? at the very least there willbe a price shock

sold any resi yet? or still can't bring yourself to pull the trigger? these are joyous days, watching resi IPs fall in value whilst moaning tenants whinge about the high cost of renting... flipping the ragged landlord a coin or two when they find it in their hearts to do so

It has been my belief that a terrorist attack or flu out break could strike during the long recovery period, worsening this situation. bird flu wasn't going to go away for ever. chuck in some peak oil as well

if you are going to margaret river be sure to take the road out to Bunker Bay - drive down the road past Meelup Beach and check out Eagle Bay. On a sunny day it is hard to argue that this is not some of the best coastline anywhere in Oz. tho Esperance takes some beating too. then drive to...

Rottnest Island Drive along the coast (west coast highway) kings park is a must

I think you can only claim GST in relation to the % of busienss use? i.e. 50% busienss use = $2500 refund

yes just be careful. data matching real estate is easy and a she'll be right attitude could be costly. After you have moved on a couple of rentals there would certainly be a risk forming

your agent should have one

goes without saying - they are a Labor govt. Cash to the less productive at the expense of the more productive (AKA rich)

I still like midland, cheaper with more govt redevelopment going on. i have property there, so biased.

the way it works is... and get professional advice but anyway.... * soft costs such as rates and interest are expensed * hard costs are charged to your WIP * you can claim any GST as applicable At the end, GST is calculated as either per the margin scheme or just standard 10%. If your...

best advice I think. To me, it seems you are still building to sell at a profit, hence GST, no CGT reduction etc. however if your intentions are otherwise and you just happen to be realising your asset and you believe you can convince the ATO to think the same way then you will need to cover...

the answer for existing building is the contract date, however, you are not involved in a passive purchase here. You are engaged in an enterprise, your turnover exceeds the threshold to register for GST and your sale is considered to be a revenue item not a capital item. only capital items are...

suggest do some reading here www.bantacs.com.au - see the booklet called 'how not to be a developer'. sounds likely that you will never be eligible for the CGT discount and you should register for GST

plus most new stock should be sold by now and the house/land sales will take a year or so to deliver. better bang for buck elsewhere.

all a temporary illusion. haven't you heard? US in recession, demand destroyed, we no longer need resources. It's because of 6 trillion USD of CFCs and DFSs set to reset mid year - and that's just the beginning. Expect a 40% drop in housing prices soon.