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    Tenant pays cash instead of balance transfer

    Hi folks, Just wanted to check if a tenant pays rent via cash into bank account rather than a internet banking transfer. Is that acceptable. Will I as a landlord face any issues during Tax time? Appreciate your response. Melv.
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    Using overseas funds to buy a property

    Hi all, Appreciate any guidance. -My non resident brother plans to invest in an established home in Australia for which he will trabsfer 100k to myself. I am helping him by taking the house in my name and eventually transferring in his name in 2 years once he esides here. Question - -...
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    6 year rule on PPOR

    Hi, Would appreciate if someone could help me with the below. - Build a property in 2011 and after about 7 months mvoed to a neighbouring surburb and rented the property. - Buying another property this year and want to move into it for 2 years and then rent it out. However I would like...
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    Resident & Non-Resident partners for a property - CGT Tax

    Hi, My brother who is a Non-resident and myself a resident of Australia, would like like to jointly buy a property. I would like to understand what would be the tax implications, if we decide to sell at a later stage. I am under the impression that if my brother buys the property by...
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    Landscaping deductions for a new property

    Hey Folks, I ahve just completed building a house which is going for investment. As you'll are aware when the house is completed, builders don;t do any landscaping. To rent the place out , i require to do a basic landscaping. I would like to know if the material used for landscaoing is...
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    Funds from Offset to pay expenses for IP. Is this Tax deductible ?

    Hi Folks, Scenario - PPOR loan - $420,000, Offset - $10,000 Projected Investment loan - $ 415000 Loan account - $ 20,000 (Withdrawn from Equity of PPOR) My understanding is we should be keeping PPOR loan account and investment account different. However I intend to deposit all income...
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    Finance Structure Advise please

    Folks, My situation Current loan on PPOR - $ 380,000 - Construction due to complete in June Borrowed loan upto $ 400,000 Valuation has come to $ 500,000 - IN Jan 11 Current Deposit in offset - $ 10000 Will have another $ 20,000 remaining from the top up. Purchased a land of $...
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    Use cash from Offset of Redraw from Home loan account for tax benefit

    Hi folks, Will try to explain to the best of my ability. I ahve to put down deposit on a land I will purchase in the next 4 day. I ahve 10k sitting in my offset account. Should I use the funds from offset, or should I deposit it in my home loan and redraw it. Is there any tax...
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    Investing in Doreen, VIC

    Folks, What appreciate people comments on investing in Doreen. Would the North side of the Melbourne get CG ? What are the Pro's & Con's of investing in Doreen / Mernda ? Lands of 450sqm sells for $215...Roughly build a 23sq house will cost about $200k. Is it worth the value for an...
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    Investing in Doreen / Mernda VIC

    Hi All, I am struggling to decide between Doreen/ Mernda and Tarneit. Land 450sqm - $ 210k , all the above 3 suburbs. Rental vacancy rate tarneit -11% Doreen / Mernda 4 % being a first time investor I am cautions about serviceability. Can people please give me pros and cons...
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    Purchasing property in Northsore Townsville, QLD

    Hi folks, I am a First time Investor , living in Melb. I have been dealing with the group Investor property who flaunt that they charge nothing for their service and get paid from the developer. They even say that I would get the same price for the land if I buy it myself. Can anyone give...
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