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    Whats the chance of being audited for FHOG?

    Thank you for your help.
  2. G

    Whats the chance of being audited for FHOG?

    How long will he need to keep such records for?
  3. G

    Whats the chance of being audited for FHOG?

    Rolf: No he didnt receive any rental income during that period.
  4. G

    Whats the chance of being audited for FHOG?

    I have a friend that is a bit worried (always a worrier!) that he might have a chance of getting audited for the FHOG eligibility. During the 6 month compulsory residential period he only used very little electricity (about $60 per quarter) since he works long hours, eats out, stays at...
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    It is illegal to rent a property to your girl/boyfriend?

    LOL!! Good one
  6. G

    It is illegal to rent a property to your girl/boyfriend?

    I just spoke to my accountant and he believes that the ATO wont really care if you rent something out for 10-20% under market rent. They are really watching for people that rent something out for a major 50% discount for example. How are the ATO going to prove that you are under renting your...
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    It is illegal to rent a property to your girl/boyfriend?

    Thanks for the reply Propertyunity. Is it acceptable that I charge slightly below market rent? Say, 10-15% less?
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    It is illegal to rent a property to your girl/boyfriend?

    I am planning to rent one of my properties to my girlfriend. Would this be legal? Might stay over night sometimes as would be normal for this sort of relationship. Any comments?
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