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Hi Panda, am currently doing a knock-down rebuild on a dead flat block. In hindsight I would get an independent engineer's assesment done before signing any contracts. We have just added >20K to our costs because the soil is too soft for standard slab construction and requires sub-slab pierwork...

Have lived in an aluminium-clad weatherboard house for 12 years. Pros - Easy to paint. Virtually maintenance-free once done properly. Cons - Difficult surface to prepare for painting. Every flaw stands out like the proverbial ... especially dents and bends. The aluminium's surface must be...

Thanks for the replies. Certainly food for thought ..... I don't use an accountant ... yet! What I plan to do is this: (i) all education items generated before my 1st IP purchase get added to it's cost base. This would be the majority of the items anyway. (ii) all items incurred...

G'day all, My situation ... 1 IP and looking for my next one ...... (gee, it's a bit like AA, isn't it ...) Just wondering how property and investment-related books, magazines, seminars, etc can be claimed? Or can they? Do I combine them into a library which depreciates? Do I claim...

Thanks for the excellent replies. Some interesting things to take into account there .... I like the idea of sweetening the deal with some minor improvements and timing the lease renewal for uni students. Thanks again Terry

G'day, my first post here. Been a lurker for ages - thanks for all the discussions - has been invaluable. Thanks also to the site owners for their excellent books .... Bought my first IP last year (mayfield, newcastle) and was wondering what the general consensus is on rent rises. I realise...