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    Deductible Repairs and Maintenence

    Question for the guru's in this area. The taxpayer purchases a property , leases it for a period of time (18 months) and during that time decides that, once the lease is up, he will use it as his PPOR. Obviously it is financially better for the owner if the cost of repairs and maintenence...
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    Frameless Glass Pool Fencing and Balustrades

    Hi all I am in the process of replacing steel pool fencing with the frameless glass style in the near future as well as replacing the balustrades on an upper level balcony . I am told that the quality varies markedly as does the price . Have any other members purchased this fencing and...
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    Rental Property Deductions

    I just wanted to get a few opinions on this scenario. The taxpayer owns a property. His fianc? and her children will live in the property for a period of 3 months after which time they will marry and the taxpayer will move into the property (with his now wife and her children) and will become...
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    Depreciator - Thanks Scott

    For those that are umming and arring about getting a depeciation report because you think you can't justify the 6-$700 cost, think again. Just had a report done on my new place and I'll get $10k more in tax dedcutions p.a than what I had expected. Well worth it and thanks Scott !
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    Stormwater Drainage - Whose Responsibility?

    Around 6 months ago a friend of mine bought a duplex in a block of 8 (4 x 2 ) built in 2006. They are strata titled with the levies set by reference to the annual cost of the building insurance policy plus a fee for the strata manager. After a weekend of torrential rain it became apparent...
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    Is now the time to fix your interest rate?

    I'm just looking at my loans . I have two loans are on variable rates (around $500k each at around 5.61%) and I've just purchased a new place which will be an IP for the first year then will become my PPOR (borrowings $800k with a $300k offset attached to that loan once it becomes PPOR). I've...
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    Pre Purchase Building Inspections - Sydney

    Does anyone have a recommendation as to a good firm to use in Sydney for a residential property or is there a site sponsor in that line of business? Many thanks
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    Innovative Financing Advice Needed

    Just wanting some advice from the experts Will re-marry over the next year and looking for a new PPOR to house me and my future wife, her 2 kids and my 2 kids on weekends. Found a place that will suit our needs and about to make an offer. The property will cost around $1.0M and we intend to...
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    New IP - Deductibility of Interest on Deposit

    I'm intending buying an IP and have a question relating to the correct way to finance this having regard to the benefit of deductible debt over non deductible debt. I must admit I am an accountant and probably ought to know this myself , but its not my area of specialty so here I am asking the...
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