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My husband and I are considering a transfer of property (between ourselves) for the purposes of a legal property settlement. I understand that there is no stamp duty payable when transferring property between spouses in the event of marriage breakdown. I would like to transfer our investment...

Just an update. I have managed to get explanation on the water/sewerage which I am satisfied with. I asked about financial reports and was advised that they are only annually for the owners. Executive Committee get them more often. But I am finding it difficult to get more information about...

I am a landlord and personally have never had a problem with a tenant having their dog inside. I have both pets and children and without a doubt it has been the children that have caused more accidents, spillages, mess than the dog I have. Speak to local real estate agents about what...

Thank you for the advice and feedback. I will look into this. Cheers

Hi. I am the owner of a unit in NSW and have some concerns about the Strata Management. I do not live in the state so it is difficult for me to attend their offices. I had a bit of a read of the strata act which is somewhat complex for the "lay" person. Perhaps someone on this forum may be...

Hi, We sold IP in Nov 2012. A Hot Water Service had been installed by us in 2007 and depreciated since that time. The closing written down value (as per depreciation schedule) on the hot water service was $424 at the time the property was sold. Should I be deducting that value from the sale...

Yes. I was asking about that earlier. Thinking that I should separate the Hot Water Service as a separate item. Would I be correct in thinking I reduce the sale price of the property by the Closing written down value of the Hot Water Service? My other question was in regard to any holding...

absolutely. which is why I want to get it right and obviously understand it for future investments. Calculating my exact expenditure over the years and what I have received back in terms of deductions has been a good exercise in understanding the effect of making the right choice about when...

Thanks all. Just trying to get it all reconciled in my head. In "real terms" we didn't really make any money on the property. it started off as almost neutrally geared and then in 3 years the insurance premiums went from $500 per year to $2000 per year. This wasn't because of claims we...

I am somewhat confused about calculations for capital gains tax. I understand the principles of Sale Price minus Cost of Purchase and assoc costs (legal, agent fees etc). What I am having difficulty with is understanding the effect with holding cost (eg rates, insurance, interest...

$37 which I have now paid twice. I know it is not much money.... it isn't really about the money, it is a about the tribunal acknowledging procedural error and being fair. There is no fairness in a hearing that only allows one party to have their say.

Hi, I wanted to write about a situation that has occurred for me with the NSW Tenancy Tribunal and a range of what I believe are administration and judicial process errors. Specifically, my tenant moved out of a property before end of lease and did not pay all the rent due. I lodged a request...

That is correct. The tenant has withdrawn because the original hearing orders were in her favour and obviously she is satisfied to have received her bond back. I applied for re-hearing and received a notice from the tribunal saying the orders had been staid. I was under the impression...

Hi. Thanks for reading my post. Although I applied for a re-hearing the tenant is still considered as The Applicant. This is because when I requested a portion of her bond from the Bonds Office she disputed this and effectively lodged a claim with the tribunal to get her bond in full. So...

I am a landlord who has experienced a situation whereby tenant moved out of my property 4 weeks before end of lease and did not pay rent that was due for this time. I have been through the appropriate legal channels to claim portion of bond and the entire process has been fraught with...

Thanks Scott. You pretty much echoed my thinking. I am considering lodging a complaint in respect to the property managers actions (or rather, non-actions). I personally believe that the property manager mis-informed the tenant. Of course the tenant needs to understand the legislation for...

Thanks everyone for your responses. Problem sorted. We deduced $300 off the sale price and the new buyer is taking responsibility for clean up. The mystery will never be solved but at least we can all move on now.

Just interested to know what others make off this scenario. Mid October- I instructed our property manager to give notice to our tenant to leave at the end of the lease 29th November. 6th November - I telephoned property manager to ask if everything was on track. I was told by the...

We are selling an investment property in NSW and 12 days off of settlement. Have been alerted to paint being spilled over the driveway, doorstep and walked through the house. We live 700kms from the property so not somewhere we can easily just pop over to have a look. Tenant moved out 30th...

Thanks everyone for your comments. I ended up contacting the office of fair trading (tenancies) and have claimed for 14 days rent (in lieu of notice). I could have claimed more, but I wanted to show fairness to the tenant. I think the PM messed up big time with not interpreting the relevant...