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I believe he means you both talk in single sentence paragraphs.

Deprecation is allocating the cost of an asset over its useful life. Most things will last a lot longer than that. For example a computer you can depreciate at 33%. So after 3 years you cant write off any deprecation for it, but you still can use it and it's perfectly fine to. All it is is...

There was a post somewhere in this forum from the ato that basically says as long as its going to be used an in investment, you can claim interest. It doesnt have to be available for rent (ie advertised), just intended to be rented.

Interesting story on PM last night (abc radio). http://www.abc.net.au/pm/content/2008/s2654001.htm They commented on how he had 2 press conferences yesterday. 1. With investors where he was saying profit margins in loans improving. 2. With customers where i was saying they arent making...

I wouldn't rate that site at all..

http://www.theage.com.au/national/agents-to-face-1m-fines-for-fake-bids-20090718-dozy.html

(sorry to steal this thread) Perth investor. How would you change that diagram if you did not have a PPOR?

Just to throw a spanner in the works. Will this affect insurance? I remember reading that some policies need to be told when a property is vacant. I'm not sure of the difference between paying rent + vacant and not paying rent and vacant though.

Do you have a receipt for the transaction on the 30th?

The thing is you need to confirm the formula first before using it i think. So if you have a few suburbs that you know of, you use the formula to test those suburbs and get the answer you're expecting. Once that's done, you use it to identify other places. Idea is to increase the accuracy...

One bit i think is missing is weighting for each area. In the above model, each of the 6 scores is given weight - 16.6%. Just to add another spanner in the works which will make the model more accurate is to adjust scores to put more emphasis on differing factors, eg cbd might be more...

Drop the rent by approximately the amount of the water bill, so it'll cost them the same/slightly more.. then increase rent again yearly (or after they leave).

3 square metres ;)

It's gone out to tender as of 2 days ago i think. Premier was on the radio talking it up again. Also said it will go ahead regardless of federal funding or not. So i guess it is going ahead - just depends on a polly's word though.

Found the online version: http://leader-news.whereilive.com.au/news/story/mr-frankston/ A HOT-SHOT millionaire has called on Frankston Council to create a city in which he can spend his riches. The developer said he and big spenders like him would view a green light for the proposed...

So between the first and 2nd it may take a longer amount of time than between the 5th and 6th for example?

Due to the low rates, etc it has got me started thinking about getting an IP. Through reading a lot of posts on here, there seems to be a fair bit of information about how to continue the IP process, but not much about how to start off initially. Is the best idea to save up a 20% deposit...