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Hi all Am looking for a simple yet effective software for monitoring the income and expenditure for my IPs. Have done lots of research and would like to investigate the Property Manager Pro software. Most information about this software stops around 2009. Does anyone still use it? Is it...

Hi everyone I'm just about to buy another IP (not that the banks were particularly helpful) and will require putting in about $50K of cash that currently sits in an offset account attached to my PPOR loan. Is there a way of making the extra interest I now have to pay for my PPOR loan ($50K's...

Hi I recently had an interesting conversation with my MB as I'm applying for a loan for another IP. I currently have an equity loan against my PPOR which is used to pay for the 20% deposit + costs on each IP I buy. This time my MB recommended that I don't add the new deposit to my existing...

Hi Is the fee for using a buyer's agent tax deductible? Thanks joatmon

My simple question is: Can I claim the capitalised interest for a property owned by my spouse? :eek: Background: I currently have 3 IPs (purchased in my name) and have my eye on a potentially neutral to +vely geared property (#4). As my wife currently works very hard for no pay (i.e. at...

Hi all I understand that IPs purchased before 1985 are not subject to CGT when sold; nor can they be depreciated (is that right?). What if I buy an IP this year that was built before 1985? Can I claim depreciation on the buildings or plant/equipment; will it be subject to CGT? So is the...

Hi everyone, I have searched the forum extensively without finding an answer to my question. I am about to buy an IP (cost 700K) which will become our PPOR in the next 1-2 years. I will obtain a mortgage (say 550K) against the IP property itself with about another 150K coming from spare...

Hi I have just had a new investment property built for $202,000. Do I still need a quantity surveyor to give me a depreciation schedule even though I already know what the builder charged me? What other benefits will a QS provide? Thanks.

Hi I hope this question isn't too simple...anyway... I used to pay many of my IP related expenses (e.g. repairs) using a cheque book attached to my investment equity loan. Of course, since cheques are so yesterday, I use my 'personal' credit card for all IP related bills. When the interest...