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    New stove top

    The stove in my IP had to be replaced as it was not possible to repair the stove(parts not available). How can I handle this for tax purposes, can it be classes as a repair or do I have to depreciate this item.
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    Power of Attorney

    Can anyone please give me feedback on whether they have used or plan to use a lawyer/solicitor for signing on their behalf. I am an expat and getting the documents are the easy part, but getting the witness is sometimes very difficult or a practical impossibility as it needs to be witnessed...
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    Good or Bad use of equity

    I have two IPs, one is a normal IO mortgage and the other is a LOc. The bank has just valued the two IPs and said that the total equity is $30000. I am looking at using this equity to buy a third IP. Should I ask the bank to increase the LOC by $30000 or is there a better way of...
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    Real Estate Express

    I have seen "Real Estate Express" advertising in the Australian property investor. Can anyone give me some feedback, good or bad, regarding "Real Estate Express" Nakal
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    Griffin 4503(Brisbane North)

    Does anybody have any comments about this location. I am looking at a house and land package built by Villa World.
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    Deferred CGT

    I recall reading a post asking a similar question, but cannot find the post. If my taxable income from salary is zero and my taxable income from my IPs are -$5000(owing to me by the taxman). If I never had a chance to claim this money from the taxman due to my properties being negative...
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    Financing using LOC or equity

    I have two IPs with the same bank. One IP is IO and the other is LOC. I would like to use the equity to purchase another IP. If I use a different bank for finance, what would they use as security if I use the equity from the IP. Using the extra funds from the LOC would be easy as I would just...
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    Depreciation schedules

    I am a non-resident for tax purposes(don't pay tax on salary in Australia), so I cannot claim any losses against my salary, is there any point in getting a depreciation schedule done?. If I decide to sell one of my IPs in a few years time, would the write off from the depreciation schedules...
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    Repairs or improvements.

    I have recently purchased an IP and I am planning to replace the curtains, repaint, install ceiling fans and install security screens to all windows. Am I right in saying that the fans and security screens are improvements and therefore not a tax deduction, and that repainting is a repair and...
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