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Hi Everyone, I was wondering what to do with the balance of Division 40 plant after 10 years of depreciation? Can I continue to diminish the balance at say 10% indefinitely or do I claim the full value left at year 10? MJK

I'm holding a few ZFX shares that have been on suspended trade for the last few days due to the OXR/ZFX merger. Can anyone tell me what is going to happen with them? Will they autmatically be converted to OXR/OXRN or do I need to do something with them? I've not held merger shares before:o...

I'm having this discussion on a different forum but wanted to run the scenario via the somersoft experts for more opinion. We purchased a PPOR and borrowed 500k. We set up the loan with a redraw facility and a 100% offset account. (It may be worth mentioning that we have never had salaries or...

I was wondering what Brisbane locals think of Bracken Ridge as a suburb to invest in. So far I believe it is approx 50/50 mix of older houses and new estate developement. I think its relatively built out now? Not much available land left? What do locals think about the services and...

I've been having a look at a 400K property recently. With costs on top it would be 425K. Factoring in the next interest rate rise interest cost, at 7.5% interest would be $31,875 Rent is 350pw / 18200 pa On raw figures loss would be $13675 pa Include rates, management and...

Regarding direct share trading I've been doing a little thinking about the margins I'm looking for for share trades. Previously I've been looking for 10% but I am starting to wonder if this is a bit optimistic. One would certainly complete a lot more trades more often with a 5% margin or even...

I could be mistaken but based on my own observation it seems to me that the price of medium priced houses in Brisbane are on the rise. I hold property in Runcorn, Zillmere and Bray Park and I reckon these areas have probably come up 10% over the last 6 mths( 3bdrm Houses ). Has anyone else...

For the benifit of budding Commercial Investors.... Due to the residential market peaking, I decided to buy my first Commercial property. I was after positive cash flow and looked to Brisbane to find it. Late 2003 I purchased an Office/Warehouse: (280 sqm) for 470,000 with as an ongoing...

In an Ideal world when selling a property you would have it tenanted up until the settlement date or a day or two before. :rolleyes: But I believe it is harder to sell a property thet is tenanted. :( But it is also hard to take the loss of income if you ask the tenant to leave before the...

Melbournians, Have you heard the radio ads on 3AW for 2 bdrm units in Aukland NZ for 250K with a 400pw rent return? Are rents really that high in Auckland? MJK :D

Have you seen the article in API magazine ( March ) on page 11. They say the slump is near over and growth is expected to begin in 2005. Wouldn't that be fantastic! MJK :D

A question for the commercial Investors, When looking for a new tenant using a Leasing agent do you Open list / multi list with a couple of agents or do you offer exclusive agency to your agent? What vacancy period do you allow before you change from an exclusive to a multi list? Do...

Hi all, I'm not sure how to post a link but if it doesn't work you may have to punch it in manually. :o :o Anyway St. George Bank has factored in a .25 basis point rise in interest rates for the 2nd quarter but interestingly,compared to world rates, over the next ten years their...

Back in June 2004 I decided to put one of my Brisbane IPs on the market. The RE agent said I should have sold it in Nov or December 2003 and I could have got 290K for it. Anyway I put it on the market hoping to get 275K. I actually got a contract for 269k but the buyers finance wasn't approved...

Say a property investor travels to another state for 7 days. They spend 2 days inspecting there properties and liasing with RE's and 5 days holidaying. Can this investor claim 100% air fares as a tax deduction or 2/7ths only? MJK

Wondering what peoples ideas are about "Capitalising Costs"? It seems to me to be a bit like the "living out of Equity" philosophy but creates tax deductable debt rather than non. This approch could make a large improvement on cashflow whilst still holding assets for capital growth. I have...

Do you keep a separate account for each IP or do you bundle them into one big loc, repayments,rent and maintence and all? Having it all int one could mean less account keeping fees and less complication. Having separate accounts could mean better tracking and tracability of each...

I received only 3 Qld "Dept of Nat. Resouces & Mines" new land valuations out of the 5 Qld IP's I own. I've owned them all for more than 12 months! A while back I rang this department and said there was no record of my last purchase. The guy thought I was weird enquiring about my land tax...

Brisbane puzzles me. Is it a case of Sydney & Melb sneezing and Brisbane catching a cold! I cant see why there is so little buyer activity in Brisbane. To my way of thinking its still undervalued, has low vacancy rates, yeild is better than other states, has good population growth prospects...

Went to a seminar the other night. The idea was positive cash flow via lease options. It goes like this. You buy a 300k house and land package in SE queensland. You then are helped to find a pre qualified Tenant/Buyer ( T/B ). The T/B signs up for a 2 year option to buy. The rent they pay...