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GDay, I have a rental property that has been vacant now for 3 months +. The company who were supplying the previous tenant electricity has sent me a bill for Service to property charge of $1 per day since vacant. I called them and they said I have to pay it. It is to keep the power...

Does anyone have any experience in investing in areas that has or is planned to have CSG in the area. I've been given some great heads up on an area in Victoria to invest in, but not sure what to purchase. Land, commercial, units, etc. ??? The Geo Tech in charge of the project gave me a heads up.

Ok...I'm new at this so I'm sorry if it does not come accross in terms normally used. Last year we turned a PPOR into a IP and have it in both names with the bank, my wifes name and mine. The question I'm asking is, can we now say that I own 90% of it and my wife 10% of it for income tax...

Wish for some ideas on which is better: 1. building and IP in an area where once finished i can get 10-20% greater valuation once all costs have been included (on current prices) over 10mth building period. Cost is about $340k for a 4 bed, 23 square house. 2. buying an IP and hope the...

Has anyone actually claimed the interest that was charged from the purchase date of land and during the construction of an IP?? According to ATO ruling TR 2004/4 the interest charged against a loan used for constructing an IP can be deductible if the interest was an outgoing 'incurred in...

We were bulding an IP using a big builder when we got an estimate of our Principal residence and decided to sell it, which we have. ($140k profit over 2 yrs!!) We are going to move into the Investment property and then build a new Principal Place of residence. We will only have a loan for...

Hi OK Bought a block of land, settlement 30/06/09 Building house, finish building 5/12/09 When can i sell and and recieve the CGT 50% discount? Is it from date of contract signing of the block? We can build houses in our area, coastal retirement, holiday area and sell them...