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  1. W

    Property Management recommendation - WA

    Thanks for the feedback. Will definitely look into Momentum. I know that we're currently on a pretty good deal, but its not really worth it if you're not getting the service.
  2. W

    Property Management recommendation - WA

    Thanks for leading me to your intial thread. I did have a quick scroll through assuming that someone must have covered the topic before, just didn't go back far enough.
  3. W

    Canning Bridge Precint

    There are a number of new developments happening on the Mt Pleasant side of Canning Highway, within a few 100m of the river and train station. Stage 1 has an 8 story, 34 apartment development with some commercial (due for completion mid 2015) and stage 2 will have a 20+ story complex with...
  4. W

    Property Management recommendation - WA

    I've been generally disappointed with our property managers for a few years, but have up until recently thought better the devil I know. A recent incident has go me angry enough to actually contemplate moving our properties to another property manager. We currently use 2 different property...
  5. W

    $100,000/pa Passive Income...

    A good accountant, depreciation and those little extras mentioned - mainly maintenance
  6. W

    $100,000/pa Passive Income...

    You are correct. We would be in front (a little), except there's always something that comes up or we make some improvement to the properties. Its very rare for us to be out of pocket at the end of each month and the $30K we receive back in tax each year covers water rates and council rates on...
  7. W

    $100,000/pa Passive Income...

    How do you get there? For about 10 years I have been investing in Perth property, predominanatly in the South, South-Eastern suburbs (all free-standing and a recent development of 2 strata). Here is an overview: 6 investment properties at a value of $3,125,000 and a debt of $2,172,500. They...
  8. W

    Development and tax implications

    Intentions ... If the facts actually back up the intention this is this OK. The facts being: Original property purchased and rented out. 3 Years later tenants evicted, house demolished and two built in its place. Within a fortnight of completion, on the market for rent. Three weeks later...
  9. W

    Development and tax implications

    Hi I have recently developed a property by demolishing the original house and building 2 in its place. Pretty common thing to do these days so I'm sure there'll be others out there that know how to deal with the tax side of things. Can the interest throughout the whole process be claimed...
  10. W

    Does this sound right?

    Does it sound right - yes Is it the right thing to do - no I'd be negotiating it down so no postage and petties were payable at least until the time that the property is retenanted. We're currently charged $7 for postage and petties to receive one emailed statement per month. I seriously...
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