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  1. JASA

    I'm doing something wrong

    I have 4 properties, I owe the bank 950k and prob have around 400k equity . I have paid 18 k income tax last financial year from my gov job. Tax agent says I must pay another 3 k because properties pos geared now. I just took a TVSP from my gov job. My accountant says work less?? I need good...
  2. JASA

    Retirement planning

    Hi, I am hoping I can get some advice. I have 2 questions: 1. Can someone recommend a good financial advisor in Adelaide? 2. CGT ..... I have ability to sal sacrifice my total wage from employment to my super. Can I avoid CGT if I sell an IP in a year that I sal sacrifice most of my wage...
  3. JASA

    Unlucky I'm with AAMI

    I have landlord insurance through AAMI, my tenant fell in shower and knocked out 4 tiles. AAMI say I am not covered for accidental damage by tenant!!!. I am overseas and will get on to them when back in Oz but I just can't believe this! Is that standard? Unlucky I'm with AAMI
  4. JASA

    Self Managing rural rental. Advice please

    I have purchased a 3 bed house on 3.3 acres 40 min North of Adelaide CBD. I have advertised it on Gumtree a few days ago and have had a number of responses so far. I already self manage 2 apartments in the city and they are a breeze. I have professional low maintenance tenants. An agent in...
  5. JASA

    Neighbour issue with boundary trees

    I just received this email forwarded by my property manager "i am owner of ******** trees on *********. overgrown and causing problems sick of cleaning out gutters and geeting rid of fronds also want to built patio on that side but scared trees may blow thru roof in storm hope you can...
  6. JASA

    Capital Gains Tax Advice Please?

    I am sure this question has been asked before but have tried searching the forum without any luck. My Father recently died and I am considering buying my parents property 1) to allow Mum to move into a low maintenence home 2) because I can buy it for a good price and 3) because I think it...
  7. JASA

    Transfer of property to family SA

    I am thinking of buying my parents home, a rural property 3.3 acres with 3 bed home in SA. Dad died a month ago. Mum needs smaller low maint home now. It would become my PPOR. I have been living in the home with mum for past 3 years anyway. Would I still need to pay full stamp duty? Is there any...
  8. JASA

    Advice on redraw from IP loan please

    I have an IP that I purchased in 2003 for $280,000. It is now valued at $380,000.. In 2008 I foolishly locked in a loan on this property at 8% for 5 years (which has been a financial struggle). I have been paying principle down in lump sum payments on this loan each year.The loan on the IP is...
  9. JASA

    Property Manager error on rent

    My PM contacted me in August last year informing me that the lease was due and that my tenant did not wish to renew for 12 months, instead was only requesting a 6 month lease. The tenant has been paying $380 / week for past 2 years. I instructed the PM to offer a 6 months lease at $400 / week. I...
  10. JASA

    Dementia

    I have a parent with dementia.....this is torture........can you relate? Real estate was once my passion but now I am wondering if I should just cash in and enjoy the fruits of my labour before I lose the ability to appreciate life too? Anyone else in the same boat? Struggling here.
  11. JASA

    Combining strata titles

    I own 3 units in the same block in the city of Adelaide. 2 are apartments with their own car parks the other is a small space which I currently let as office space for $50/ week. At present I am paying Council rates, water and sewer as well as emergency service levy and body corp fees in...
  12. JASA

    Name of free site with selling price details???

    Can anyone tell me the name of the free site that gives past real estate sales with price of sale given? I know it exists, I have looked at it a few times in the past but can't recall the name. Thanks in advance
  13. JASA

    CBA have tied my hands

    I have 4 IP's All are rented long term, are neutrally geared and are in blue chip suburbs. I earn a stable income as a Clinical Registered Nurse. I have no debts other than the loans on these properties. My children are adults so I have no expenses. I have a good credit history. So why is it...
  14. JASA

    Transfer of property to family in Qld

    I have an investment property in Cairns which I would like to transfer to my Daughter. I rented out the property immediately on buying it but used it for ~12 months as a PPOR and have no other PPOR since that time. (have lived in my other investment properties since) I know I will pay some CGT...
  15. JASA

    Advice about tax on Super roll over?

    I have been reading about and considering starting a SMSF to buy more property. The bulk of my Super 100K is currently in Super SA which I can't access while a government employee. I have another Super Account with a small amount in from a stint in the private sector. I quit my govt job on 18th...
  16. JASA

    I still hate realestate.com's new site

    It's only fair to give something a fair run before being critical......The new site sucks. I hate it! Go back or go forward but please don't leave me with this abortion of a site.
  17. JASA

    Building design fault

    Can a building recall on design occur I have two apartments in one complex both hot water systems, gravity fed roof type. They are leaking and causing structural damage. I can not reach them to service or repair because of the lack of foresight of architects and negligence of those who granted...
  18. JASA

    Why is land so cheap on Hindmarsh Island???

    Yes I know there have been water issues blah blah blah, but hell where else in the world can you buy a waterfront block for less that $130k??? One hour from a capital city???? Come on !!! Dry blocks in the desert in any other direction are selling for the same money. Why? Someone tell me why not...
  19. JASA

    Should I sell my IP in FNQ

    I own a house in Cairns FNQ which I paid 280K for ~6 years ago. It is now worth around $380K It is tennanted at $380 a week. I owe $220K on this property. I am considering selling which will attract capital gains tax and mortgage break costs (I fixed at 8% for 5 years 2 years ago fearing a come...
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