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Hello all We are about to launch into a renovation and would really like to use a draftsman that at least someone else has had a good experience with. There are so many options and potential headaches out there it is really hard to know who is good or not! Is there a difference between...

I am after your kind expert advice. My accountant (not a property specialist) has advised that I sell/transfer my IP which is under my name only and fully paid off to my husband. Thereby he will take out a loan which will then be tax deductible. We will then pay off the mortgage on our PPOR. He...

I had a potential tenant request that some minor squeaking boards be fixed prior to signing up. As the issue was minor I advised the property manager that I would be prepared to pay up to $200 for it to be fixed. She then went and arranged a quotation which was $550 plus GST which was way too...

Has anyone had any experience in securing a property without the section 32 in Victoria being available by signing a standard contract with a clause subject to satisfactory section 32? I am not sure if this would be binding, any opinions are appreciated.

I would like some opinions here as I feel something shifty may have gone on. Found a great property at a good price, 1/2 acre in good location, advertised at 400+. The pressure was on to make offers. Viewed it on Friday night and said that we would be making an offer on Saturday following an...

More than two months ago during an informal body corporate meeting it was concluded that all four members needed to pay $200 into the body corporate account in order to have funds to pay the gardener. Following this meeting only two individuals have contributed their $200 with two left...

I would like to claim 2.5% depreciation of my current PPOR when it was rented out for 2 years. I have been told that I need to find out the construction costs in order to apply the 2.5%. How do I do this, I have a rates notice of the value of the land and improved site value for when I purchased...

My PPOR was rented out a few years ago and my dear accountant failed to claim any depreciation. I would like to go back and now claim these amounts but would need a quantity surveyor to write a depreciation schedule for me. My question is can the quantity surveyor's fees be tax deductible now...

I am trying to purchase a property which is at a bargain price, however there is a catch. The agent has said as the section 32 has not yet been done then no offers can be accepted. This house has been "on the market" for two weeks now and the agent has told me that it may be more than two weeks...

Hi I would appreciate feedback from those that operate through a trust. I know the intial set up costs and the $200 per year however I would like some info from those who have trusts about how much accounting fees are per annum. thankyou in advance

I have current PPOR in my own name worth around $280 000 completely paid off, $300 000 in cash and wish to purchase a new PPOR for around $510 000. Ideally I would like to keep current PPOR and rent it out at 240/wk but will then need a loan on new PPOR (around $220000)hence no tax...

My PPOR was rented out for around 3 years whilst I was working overseas. Should I have been entitled to deductions for the interest portion of my mortgage as well as depreciation during this time??? My highly paid accountant did not include these deductions which may be correct, I don't know...

I would like some advice from anyone who knows how I can obtain bridging finance to cover me if my current PPOR sale would not be through in time for the setttlement on next PPOR without a 3 month working history?? PPOR should get 280 to 300, have 300 in cash and new PPOR should be 500 all up...

I am living in my PPOR which is fully paid off, worth around $280 000. I am looking to buy another PPOR, for which I need to borrow around $200 000 and wanted to rent out the old PPOR at around $240 a week. Now would I be able to take out $200 000 directly from my initial PPOR and then have...

I currently fully own one property in which I am living in. I want to embark on my property owning career however have been overseas working for 5 years and now am going to buy into a business(i.e. uncertain income). My husband is a recent immigrant and has not got a job in Aus at this stage...