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  1. M

    Depreciation

    This is my first property deal (after my PPOR 7 years ago) so I do not know what should or should not be happeneing. But : In the investment report doco handed out about the project - they give no break down what so ever about depreciation. They have a purchase price listed (which is...
  2. M

    Depreciation

    It is an off the plan place. And the figures they give for depreciation make no sense to me. I will call them :)
  3. M

    Depreciation

    Is this a more difficult question than I thought it was ?
  4. M

    Depreciation

    I am looking at a single bedroom unit here : http://www.code.net.au I was wondering if anyone out there who has done this sort of thing before might be able to help me out on anticipated depreciation. I know you can claim zero for land, 2.5 percent for structure and fittings at X rate...
  5. M

    Bowen Hills (Qld)

    Speaking of Code :) I have been looking at them for a few weeks – doing my research. And now I am about to jump in the prices on the latest list are up ~10K. I am new to investing, is this normal ? For prices to jump that much in such a short time ? Is this just agent opportunism or a...
  6. M

    Nothing fancy

    Thanks for taking the time to respond guys. If I can just ask a few follow up questions : You said that buying new offers no/low cap gains “for the first few years”. I plan to buy and hold – slowly building equity and then borrowing against that to grow my portfolio. Is it crazy talk to...
  7. M

    Nothing fancy

    Exasperated. The more I read the less I seem to know. I have been trawling this site and many others for weeks as well as going to several property seminars. I am new to property investing and so was after a sanity check on my plan. Happy to hear any comments or advice. We want...
  8. M

    How to decide "where"

    This is probably a silly question - but what would be consdiered good "xx%" numbers ? I know it is almost certainly subjective but I am curiouse to hear what people think.
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