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In case you are not yet aware of this: A research paper released just this month by Economic Group Reserve Bank of Australia. http://www.rba.gov.au/rdp/RDP2004-08.pdf

Well, it's time to make some space in our shoebox sized PPOR and build a patio. The first thing I need is the concrete pad. After contacting three concreters, I'm beginning to get the shivers. The first one to arrive for a quote was wearing a totally torn shirt and looked like he'd been...

I wonder what the CGT implications are for this scenario: Buy IP: 1. rent out for about 7 months. 2. IP becomes PPOR for 14 months, before being sold. 3. During that time, former PPOR is rented out, but no tax deduction have been for that period. Do I now have pay CGT on that...

I have one of those small zinc-alum sheds with a flat roof, but noticed that during heavy rain, it leaks badly. My suspicion is that the because the roof is almost flat, the water just accumulates on the roof, and during heavy rain the water rises to the level where the roof sheets overlap...

Two 'talcum powder' white gloss painted doors for sale @ $10 each. These are Corinthian pre-hung doors which were used as wardrobe doors, so no locks, just door knobs attached. Door knobs are Tasmanian oak. Size: 2040 x 75 x 35 In as new condition. Location is Manly. If interested...

Hi all, Because of changed personal circumstances one of my houses is now for sale. It can be viewed here, http://www.realestate.com.au/cgi-bin/rsearch?a=o&ag=&s=qld&c=63419867&tm=1082462214&id=101490024&f=20&p=10&t=res&ty=&snf=rbs&cu=&fmt=&header= Rental return is estimated to be...

I'm looking at a few options of increasing available space in my PPOR. One way is to add a semi-detached home office to the back of the house. The quote for a 64sqm addition using the Spanline system was around $42K. That's a bit steep for my liking, but haven't ruled it out as an option yet...

Investigating a broken driveway gate at one of my most recently purchased IP's, I discovered that none of the timber fence posts are embedded in concrete. The entire 20 m long, 1.8m high timber fence with double driveway gates, has not a single post in concrete. I was totally unaware of this...

Hi all, As a relatively recent newcomer to the IP ownership game, I have become aware that not all tenants who rent a house are very keen gardeners. My PPOR which turned into an IP earlier this year is a case in point. I worked hard on the garden and the renters promised to keep it in good...

Hi all, My IP needs to have its plumbing revamped. Currently the pipes are the old galvanized iron ones and they are very badly rusted in places. According to three plumbers and a builder, one or other pipe is probably just about to be rusted through and ready to burst. It is merely a...

Hi all, My IP's neighbour wants to a new fence. I don't yet know what type of fence they have in mind, but I expect that it will be the common 1800mm timber fence. The current fence is just a rickety old collection of chicken wire and some corrugated iron sheets to keep the dogs...

There was an interesting article this week in the Financial Review's Small Business liftout. For those who have not read the article, here is a summary. The article was entitled, 'Failure Myths are discouraging entrepreneurs'. The old statistic that 80% of all businesses fail...

Hi all. I need to find a superannuation fund. Not that I place any kind of value on this system, but since I cannot get away from it I'll have to play the game. Is there such a thing as a super fund broker like there are home loan brokers? If so, where do I find these guys and gals...

Hi all, I"m looking at the possibility of purchasing a franchise. It requires an investment of about $200K to $400K ( exact amount depends on a variety of factors, such as equipment lease, property lease etc. ) The brochure mentions that these amounts are 'unsecured'. What on earth does...

This question is no behalf of a friend. She owns one third of the house that her parents live in. Her parents are thinking of selling the house and using the money to purchase a retirement unit for themselves. It is likely that since the current house is not in a desireable location in...

I just received some info from my about to expire property manager ( am planning on self-managing my IP), re Landlord's insurances. One brochure is from EBM for Rentcover Plus, and the other is from National Tenant InfoSystems. The latter sound interesting in that they can do a...

Just got my depreciation schedule back from the QS. As a first time IP purchaser going for an older property ('70s), really knowing very little and having lots of doubts about getting value for my $440, I have to say, I am delighted! :D WOW, little did I know what the fixtures and...