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Hey it was worth a try:p Right off to find Julia's book, sounds like it is the right thing for us, esp if it is without the accountant speak!! Constructivity thank you for that info, I'm with MFG what is the $$ cut off point? Another question. Hubby brought home the tax info sheet for rental...

Yep definitely confused!!! I thought you could claim the cost of buying it as well as the depreciation?

That is the same circle we got ourselves onto:D In the end after speaking to our sort of financial advisor (they are a family friend) we decided to go joint tenants mainly because of the CGT impact.

I am only new to all this too and have just gone through the decision process on it so will give you the very limited info I have learnt. You can either buy as Joint tenants - usually how you buy your own home, or you can buy as tenants in common with a different % ownership for each of you...

We are about to settle on our first IP. It is pretty much right to rent it out straight away, however we have since found out that the dishwasher is broken and is only fit for the rubbish bin. How soon after the purchase can we buy a dishwasher and claim the cost on tax? I have been told 3...

apologies for that, I meant to add NSW to the title but got distracted and then forgot. Thank you everyone for your recommendations, have some info packs heading my way then I guess it is a case of meeting them to make a final decision.

Interesting you say that as the first agency we talked to (the one we bought through) was so sure we were going to go with them they refused to negotiate and charge us an extra fee for the privilege of having our money deposited into our account. The second one had no interest in meeting us and...

Firstly I am sorry that my first post is a question but we are very new to all this and probably couldn't answer anyones questions anyway!! We are just in the process of buying our first Investment Property in the Campbelltown area in Sydney. Now we are trying to chose a property manager and...