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Hi All, Apologies in advance if this is not the correct forum for this, but I was wondering if any of the members here could tell me what are some of the affordable suburbs near/around the Gold Coast area. I will be relocating from VIC to QLD for work and need to find a good suburb to raise a...

Hi All, We have a duplex in QLD comprising of two apartments which are under the one non-strata title at the moment. We are looking at separating the apartments so they each have their own strata title, so we can sell one of the apartments and keep the other one. Just wondering if anyone...

Hi All, Does $1,000-$1,200 seem reasonable for someone to do our tax return for our unit trust which only has a single investment property in QLD under its name? Thanks.

Hi all... We have a large block of land purchased some 20 years. Recently the unoccupied land nearby are being subdivided and developed, and what once was empty land we drove past on the way home is now filled with residential houses. Our block of land can be roughly divided into about 48...

Hi All, We have a unit trust which owns a duplex in qld. The duplex is broken into unit 1 and unit 2 and both are rented out. We sought advice from an accountant who said that we might need to lodge a separate tax return for each unit. Is this true? I thought we would need to just lodge a...

Hi There, We've had out little apartment for several years now and when we first bought it, there was no owners corporation and we didn't think too much about it at the time. I don't know a lot about owners corporation so was wondering if it's something that we need to set up and how we go...

Hi There... Our tenant wants to install an Austar Satellite dish on our rental property. Should we let them? What are the pro's and con's of this? What happens to the satellite dish when the tenant leaves - do they take it with them and fix the damage caused to the roof? Thanks. Andy

Hi All, We have unit trust with a few share holders and I need some tax advice on our negatively geared IP. For the past 3-4 years we've been dividing the loss by each share holder. So for example if we made a loss of $1000 for the year and my share is 10% then I'll claim 10% of the loss ($100)...

Hi All, We own an apartment in a block of 5 units in St Albans, Victoria. Recently work was done to have each unit put onto it's own water meter so each unit could be billed separately. Can somebody shed some light on how much it would cost to do this? We've been billed for around $700...

Hi All, Need some investing advice on what to do with the extra funds we have saved. This IP is part of a family investment and due to monthly contributions from everyone we have been able to save $8000 now. Given the low interest rate at the moment, the rental basically covers the...

My wife and I are in the process of buying our first investment property. I'm looking for information on how to best structure our purchase to get the best tax savings and was wondering if we should buy it in both names (50/50 ownership), or give one person a higher ownership (70/30), or maybe...

Hi All.... Two questions about interpreting the depreciation schedule and what to do when you replace an item which was on the depreciation schedule. 1/ We had a depreciation schedule done when we purchased an off the plan duplex in 2007. The depreciation schedule has four columns: Tax...

Can someone please help explain to me what the numbers mean on the investsmart web site. http://www.investsmart.com.au/property/default.asp?s_cid=domain 1/ Monthly Growth Figures 12 Month Growth (4%) 24 Month Growth (16%) 36 Month Growth (23%) Reservoir 3073 VIC Unit...

Quick question about termite inspections. I belong to a unit trust that bought off the plan duplex (in Qld) a few years ago and this company called Termicide was responsible for the initial installation of the permanent physical termite barrier on the house. Is is common practice to get an...

Would you pay $190,000-$210,000 for this 1 bedroom unit in Glenroy? Current rent $200/week with lease running out in December. http://www.domain.com.au/Public/PropertyDetails.aspx?adid=2007577142 This unit has been on the market for some time and we finally got around to seeing it for the...

Hi All, I've got a budget of $250K and believe the time is right to invest now. We're looking at 3 properties at the moment to buy. All are 1 bedroom / 1 living area / 1 bathroom, and with the exception of Parkville, have a car parking spot. 1. Reservoir 2. Parkville 3. Coburg Could those...

Hi All, Just discovered this forum and it's fantastic. I'm a first time investor and came across this little unit in Parkville (1 bedroom, living area with kitchen, bathroom) which is in our price range (I think). No car park with the title but can be purchased for an additional $8K. Rent...