Search results

Seems you lose part of your tax free concession when renting out a room in your own home. And you get taxed on the rent received Seems like double taxation to me? Are people who rent out on Airbnb aware of this? Has anybody been hit by the ATO and lost some of their capital gains for...

Can you run any small advisory business from home in your study for a couple of hours a week without it affecting capital gains tax on principle place of residence? ATO does not seem to cover it that well. It talks about a business of convenience. Does anybody know what that means...

Does a subject to 14 days finance clause in Qld include weekends and public holidays? Or is it just working days?

In QLD a contract becomes binding when both parties sign and the contract and it is returned to the purchaser or their solicitor. Five days cooling off starts from that day. What i want to know is when does the 14 day subject to finance clause start. It seems logical that it would start on...

Do separated couples who purchase a second home after separation obtain tax free capital gains on their principal place of residence for both homes?

I have trouble putting a value on small blocks of residential units. 6 to 12 units Is there some sought of rough equation i can use combining, land value, building value,return to give me an idea of value?

I want to sell my house privately and was wondering the best way to set the price when marketing the property If i want say 620K. Is it better to market the property at OFFERS UNDER 650K. or TO ASK FOR OFFERS OVER 600K with a set time frame I tend to prefer the later which is a similar...

Ring any large chain realestate agent in QLD and ask for a cut in commission and you get the same response. "We charge the standard REIQ rate of 5% on first $18000, 2.5% on remainder plus GST" They will not discount. There is no competition between the big chains in QLD. Fair Trading in QLD has...

Funny and true Why Bad Agents Suck. http://angryaussie.wordpress.com/2007/02/15/real-estate-agents-suck/

I want to auction my unit by dutch auction in Queensland where the auctioneer starts with a high price and reduces the price until sold. If the property dosn't sell above the reserve the bidding continues downward until a bid is made and the final bidder gets the option to negotiate up. Are...