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I thought that the carpets would be written off to offset the income from the insurance payout.

Hi, I have had a bit of bad luck with a particular property and replaced the carpets due to malicious damage from tenant earlier in the financial year. Tenant did a runner and had replaced with what seemed like better tenants. The most recent tenants have since also done a runner after...

We have 2 IP's in the area. We had our second with them and after a few months they gave us confidence to bring over our first. They have handled the non paying tenant that we bought over from the other management agency very well. What it took the other management agency 3 weeks to do has taken...

We have landlord insurance and a bond of $1400 to use up. The smears should clean up. It's mainly the holes in the carpet from the cigarette burns. I knew the excess was claimable. My main query is with the depreciation shedule. Say the previous carpet was $2000 and we have claimed $200 last...

We just had a tenant break lease and now that he has moved out we have realized he has done a small number on the property. Cigarette burns in the carpet in every room along with what i am thinking is dog poo smear throughout. There is also a tear in the kitchen lino. The house had been newly...

www.homes4u.net.au These guys have been very helpful. Very on the ball and know their stuff.

Thanks for your help everyone. Photos are booked in for Monday and i shall have another look at the kitchen and possibly some aircon/fans.

The plan was to update everything but at a later date once it shows a bit more wear and tear. New photos is a definite.

Thanks for the reply We bought this house in the exact condition it's in, ( fully repainted and re-carpeted) so didn't want to update anything until it is needed, say after a few years. The pictures are old and as such do not show the blinds and curtains that i have added. I had not...

Thanks The property manager is local to me and was recommended to me. They are looking after our house that is just around the corner. The pictures are from the for sale listing, just being used. Perhaps a new batch would be better. The property was ex department of housing and was...

http://www.realestate.com.au/property-house-qld-kippa+ring-412403303 I just dropped the rent this morning. Any feedback would be lovely.

Hi all, This is my second IP. The first is just around the corner, similar property and rented after 1 week for market rent. This property has been available for 3 weeks now with only one couple through. I have dropped the rent hoping it will provoke some interest. How long have...

That idea sounds good. What is the exclusive access? Does it work similar to a joint account but everything is actually in my name?

The loans are with Commonwealth. I guess my best bet is asking at the bank.

Yes i took a lot of pictures just before the tenant moved in for if o decided to do the picture method.

Thanks for all of your help. I guess my next step is to give Depreciator a call.

As it stands my partner and i have 2 IP in both names, and I have the PPOR in just my name. All with the same bank and we have the professional package which entitles us to a few offset accounts. Is there any way that i can set up an offset account for my partner to help bring down the PPOR...

I have recently purchased an IP property 3 bed 1 bath built pre 1985 with no recent improvements that i can tell of apart from new carpet, paint and oven. I am also under contract on another property exactly the same. I just dont know whether its worthwhile getting a quantity surveyor out...

thanks for your help. i guess my next step is to get onto my mortgage broker when hes back from holidays and get it all sorted out.

I recently purchased my first IP and redrew $14000 straight out of this home loan and used it straight away for the deposit for the IP. This $14000 is now tax deductible? Im still not 100% on how refinancing works in the way of equity. If my property has risen in value by $20000 can this get...