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hi hoping for some advice about painting a huge old victorian weatherboard. many of the boards are flaky and some are cracked. the current paint is an acrylic. after prep, should i undercoat the whole lot or just use 2 coats of topcoat? what difference does the undercoat make? (there aren't...

have talked to this mob. apparently, for $44/yr if managed by an agent or $88/yr if self managed, this mob will pursue your non-paying tenant for up to 10 years for the unpaid rent. sounds worth the personal satisfaction if nothing else? wondered if anyone had used them?

hi all just a heads up about a property that my partner bought in Chinchilla about a year ago. it is a furnished townhouse that has been returning $465/wk but the tenant moved out three weeks ago and since then, there have been no nibbles at all. so it appears that we will have to have all...

so how many on this forum have actually achieved the ato rental business classification? ie, officially being in the business of rental property?

hi it seems that i will be up for a large repair bill (around $100,000) to rectify a structural defect in a commercial building i own. are the costs associated with it wholly tax-deductible in the first year as it is a repair? i've had drawings done and assume that they will all be classed with...

hi have signed a leasee who has used a false name. do i have grounds to ask them to go? rent paid up, brand new 6 month lease..... bad choice on my part. any options/advice?

is gst payable on a security deposit for a commercial lease? also, the deposit doesn't need to be lodged anywhere does it?

hi all has anyone had any experience drawing up a pre-nup? what do you put in them other than 'what is his remains his, what is mine remains mine and what we go forth and purchase remains ours?" any advice would be greatly appreciated. grace

hi all i can't find it but there was a thread that discussed the need for insurance between exchange and settlement on a property. any clues? grace

hi can anyone enlighten me about this; the owner of an unrenovated commercial building secures a possible tenant who wants to open a restaurant which would cost @$400,000 to fitout the building. i'm assuming that with that sort of outlay, the tenant would expect the rent to be much lower...

hi can anyone tell me if gst is payable on the purchase of a sevenplex of resi units, as the tenants are resi but it is a commercial purchase? also, can someone please explain in monosyllables, about buying a commercial property as a going concern and avoiding the payment of gst? eg a...

hi all can anyone give me a heads up on the ownership of a property owned by a trust with a company trustee upon the death of a member? if there were only two parties listed as beneficiaries of the trust, does the ownership of the property become the sole property of the other party in the...

hi all if i have to replace a second story floor in a commercial building because of termite damage, that would be classified as a repair and should be fully tax deductible in the first year, shouldn't it?

hi all really hoping someone out there will be able to shed some light on this prob for me; i have a large 140 year old apartment on the second floor of a building in a cold climate. 6 years ago we filled the gaps between the 6 inch floor boards with 'stuff' but now most of it has shrunk or...

hi can anyone tell me the legal requirements for acting as a buyer's agent please? i realise that you need to be licensed to act as a real estate agent but do you still need to be licensed to act for buyer's? also, any clues on what sort of indemnity insurance would be needed/advisable...

hi all can anyone tell me whether it is legal to lease to relet to others without living at the property? my son moved into a property in central melb cbd yesterday at $250/wk/ room. when he arrived, he discovered that there were in 3 others living there; a couple paying $330/wk and another...

hi all can anyone tell me whether a tenant can demand extras after they have signed the lease and moved in? these extras include another tv aerial (in the lounge room instead of the family room) and gates to close off either side of the property. the property has never been lived in before and...

hi all i've been reading the julia hartman book about tax and as i understood it, she said that seminars teaching about property development before a project starts are not deductible. i'm hoping i misunderstood. just to clarify, can anyone tell me what sort of investor...

hi i have a new house that tenants move into on 13th, which needs window coverings throughout. the problem is two narrow but long windows (170x2100) that are either side of windows that are (600x2100). these are at the front of the house so i don't want them to look dodgy. i was wanting...