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    Tax Return - entering IP depreciation?

    I'm doing my own tax return using eLodge as in past years. Previously in the IP expenses boxes there was one for Capital Allowances and I just entered the appropriate value from my BMT schedule. This year they seem to have got rid of this and instead it looks as if you have to enter every single...
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    More Vic rail stations will become Zone 2

    Just noticed that with the extension of Myki ticketing to key VLine services during the next month a number of stations become zone 2, with cheaper fares: Bacchus Marsh, Clarkefield, Donnybrook, Heathcote Junction, Lara, Little River, Riddells Creek, Wallan and Wandong -...
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    Best heating system for 1975 house?

    The tenant of my Sebastopol house has somehow managed to run up an electricity bill of $4000 (!) which he blames on the fact that the house has electric h.w. and electric underfloor heating in the slab (the sort of thing that was popular in the UK in the 1960s when we were told that nuclear...
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    Penthouse roof not common property

    Can someone explain this: Residents up in arms over repair of penthouse domes October 22, 2012 Carolyn Webb THE management committee of an exclusive [Melbourne] CBD apartment block is at war with three residents over who should pay the $200,000 cost of reconstructing the building's two...
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    Insurance rebuild valuation - how much?

    First time I've had to do this as my other IPs are insured by the OCs. The property is a 4+2 house in Sebastopol (Ballarat), built 1975 and what I would regard as good quality construction. Internal floor area 150m2 + double garage under main house roof. RACV cost calculator gives an insurance...
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    Witnessing documents - pointless?

    I think about this each time I do it: I've just been sent a Transfer of Land form for my new IP in Ballarat, to be signed by me in the presence of a witness who also has to sign. But, unlike other legal documents, the witness doesn't have to enter their name or address, so if the validity of my...
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    Appliances: cooktop choice, dishwasher?

    After lots of looking I have my house in Ballarat, subject to building inspection. The planners say it was given consent in 1975, built-in oven and cooktop look like 1935! The cabinetry and tops look as if they were custom made, IMO classy not dated. No gas laid on so everything is electric...
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    Two beds or three? (Ballarat OTP)

    I'm just kicking this one around in my mind at the moment. It's one of seven units being sold OTP in Ballarat with 6 x two bed ($260K) and one three bed unit ($270-275K) for sale OTP. It's about 1km from CBD with a shop and PO a minute's walk away (if you can't nip out for a paper or milk...
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    Bank blacklist

    Probably not the properties that most of us would look at but ... "A list of ''unacceptable'' buildings obtained by BusinessDay, circulated by one of the big four banks to its mortgage brokers late in 2010, bars finance for all developments associated with the federal government's National...
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