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  1. Television

    CGT when building a duplex

    G'day All, Asking on behalf of a friend: Bought a property in Sydney, has lived in it for a few years, now has moved out, demo'd property and is building a duplex. Will go back and live in one side once the construction's complete and potentially sell the second half, though whether or...
  2. Television

    Western Sydney Meeting - Wednesday 25/03/15

    Hear ye, hear ye! Come gather around a beautiful brew or bodacious burger and tell truthful tales of terrible tenants, terrific trusts, terrifying taxes, marvelous mortgages, painful PMs, heating hotspots, dreaded duds, stupid stamp duty and of course, renovating for fun and profit. When...
  3. Television

    Selling: Room in 5 Star Hotel, Sydney, 09-10/01/15 (Fri+Sat)

    G'day Guys, Recently purchased a hotel room at the Radisson Blu Hotel in Sydney for 2 nights (Fri+Sat, 09-10/01/15), however will no longer be able to stay there. I'm not able to cancel my booking however I can transfer it to another party. Wondering if anyone on Somersoft would be interested...
  4. Television

    Sydney CBD Meetup - Wednesday 21/01/15

    See here for further details and discussion.
  5. Television

    Sydney Meeting - Wednesday 21/01/15

    Hear ye, hear ye! Come gather around a beautiful brew or bodacious burger and tell truthful tales of terrible tenants, terrific trusts, terrifying taxes, marvelous mortgages, painful PMs, heating hotspots, dreaded duds, stupid stamp duty and of course, renovating for fun and profit. When...
  6. Television

    P2P lending in Australia

    Article from the Fin today. Ratesetter website. Having read about MrMoneyMustache's success with P2P lending, might be another tactic to generate returns for those looking to go beyond PI. Perhaps could be used as part of a "Barbell Strategy"
  7. Television

    Do you even?

    Righto, Blacky's thread about exercise has brought a few gym people out of the woodwork, so let's have a proper chinwag about all of this. What sort of program are you doing at the moment? What are you short term goals? Long term goals? Where do you train at the moment? Following any...
  8. Television

    Hidden GoPro camera reveals what it's like to walk through NYC as a woman.

    Link to video here. It's seeing videos like this, and listening to comments made to my girlfriend on the street, that make me think that there's a way to go yet as far as gender equality. It's not hard statistics, just a vibe I get from the environment I'm in.
  9. Television

    Progress Schedule Assessment

    G'day All, I've got a friend who's putting an application in for a duplex and as part of the Bank's assessment they'd like to see a Claim Schedule as documented by an Architect or Quantity Surveyor. If anyone has used a Quantity Surveyor to put this Claim Schedule together, do they need to...
  10. Television

    2BR House in Marrickville for $600k

    Sales Result Right, so it's definitely a bit of a fixer upper. But still, I reckon for the right person, they just got a cracking deal. The block is quite narrow, but with the right design and some nice light wells, you could but a large (albeit unconventionally designed :o ) residence...
  11. Television

    HHS Awards Contract for Ebola Vaccine Shown to be 100% Effective in Animal Tests

    Link to Article. Shame it seems you can't buy stocks in them :P
  12. Television

    Superannuation/Insurance Brokers?

    G'day All, I've been fortunate enough to purchase my first property recently and with this major commitment, also want to look at things like Life/TPD and Income insurance, as well as possibly changing who my super is with. Are there brokers for these types of products, as there are for...
  13. Television

    St. George, an exercise in frustration

    Loan application commenced last Monday (22nd). They came back on FRIDAY and said they need a privacy consent form with their letterhead, not BankSA (even though my broker is speaking to a BankSA Business Development Manager and the loan brochure was branded BankSA). That got submitted to...
  14. Television

    Depreciating Common Area Renos to Old Apartments

    G'day All, Looking at an old apartment block (1960's) which recently (approx. 12 months ago) had a large amount of waterproofing works done to the roof. Would this be claimable as a renovation to the common area on your depreciation schedule? I have already received an answer from one...
  15. Television

    Conveyancer in NSW urgently

    Hello all, I've seen a property this afternoon and would like to move quickly on it. As such I'd like to get some conveyancing done as soon as possible. I realise that it's the weekend and many people may be uncontactable, however is anyone aware of a (good) conveyancer who may be available...
  16. Television

    Townhouses in Blacktown LGA

    G'day All, Have a friend who's looking at doing a townhouse development of approximately 6-10 townhouses in Blacktown LGA. I was wondering if anyone could recommend a Draftsman to assist with documentation and evaluating the most efficient use of the land? Thanks
  17. Television

    Sydney Meeting - Wednesday 29/01/14

    Hear ye, hear ye! Come gather around a beautiful brew or bodacious burger and tell truthful tales of terrible tenants, terrific trusts, terrifying taxes, marvelous mortgages, painful PMs, heating hotspots, dreaded duds, stupid stamp duty and of course, renovating for fun and profit. When...
  18. Television

    Construction Cost Calculator

    Interesting tool I found online, might be useful as a very, very precursory calculator when evaluating developments. Then again, people considering developments of this scale probably have money to pay for Cost Estimates :) Oh well, have a look! http://www.vaughans.com.au/calculator.aspx.html
  19. Television

    First Home Saver Account - Question

    G'day All, I'm presently considering opening a First Home Saver Account as it seems to align well with the timeline in which I wish to purchase my first PPOR and after reading a few discussions on it seems fairly beneficial. I'll run a separate savings account in parallel to this one, as I'm...
  20. Television

    Cash Gift effect on tax income?

    G'day there, Allow me to propose an entirely hypothetical situation, done simply so that all somersoft members who choose to respond may exercise and demonstrate their sound knowledge of the glorious Australian / State tax legislation. Say a (hypothetical) young person was soon to...
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