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    Meet the sandwich generation

    This is something that I have been thinking about a lot lately as I have moved back in with my mum and although it is only the two of us her house is really small. We get on very well and it likely that this could be a long term arrangement. We are tossing up between renovating to add two extra...
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    Broker recommendations Central Coast, NSW

    I recently used Shahin who was soooo quick, answered emails at all hours of the day and night and was very patient with me as I struggled with a few things. Highly recommended.
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    my new favorite quote

    Thought this one was the teacher in South Park?
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    Salary sacrifice into investment loan

    I think the difference is that it is not salary sacrifice but salary packaging as I work for a not for profit organisation. The first $617 a fortnight is tax free as long as you can prove you have some kind of ongoing expense ( nap can beep rent, car expenses etc) I actually get mine paid...
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    Salary sacrifice into investment loan

    I salary package (max is around $16000) and was paying this directly to my mortgage (property negatively geared) however then discovered From another post on here I could not then claim my repayments on tax due to the fact that I was already receiving a tax break from packaging. I just salary...
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    Jordans Springs

    I would definitely say expensive compared to other IP's in Penrith. The development is not even near finished and the traffic is already pretty horrible, it is near to a not so nice part of Penrith also. Agree with above the new development off Coreen Avenue is within walking distance to...
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    Prospective tax benefits as an Anglican College employee?

    Bugger!! I do not package the full amount but the amount I do goes to my mortgage on my IP - will need to try and change it to the rent on my current property. The amount per fortnight on the full amount of $16050 is $617. I was fortunate in my last organisation that they just paid us two...
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    when to get depreciation/CGT report and valuation

    I sent some to Daniel - but realised late last night I forgot to put .au on the email!!! I have lived here 13 months.
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    when to get depreciation/CGT report and valuation

    Am waiting on a quote from you guys now Scott. Am waiting to hear from council about how old my unit is - nobody seems to know! I have no plans to buy another home (cannot afford it!) and will be renting for the forseeable future, so now feeling pretty confused about doing a valuation.
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    when to get depreciation/CGT report and valuation

    Thanks so much for that, I am a property investor by accident so still learning. Sounds like doing them both when I move out is the best option. I am pretty clueless re CGT and need to do more research, given I am really unsure where I will be living I will get the valuation to cover myself...
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    when to get depreciation/CGT report and valuation

    Hi all I am planning on renting my unit out in late November. Do I need to get the depreciation report then or can I wait until a bit closer to tax time? I am making quite a big move and would love if there was something I could leave until later. While I am at it - valuation for CGT. Do I...
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    advice for a newbie

    Thanks for that - certainly what I needed to know. I really appreciate it.
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    advice for a newbie

    Thanks for that. I am really not sure if I will move back as I am a rather impulsive gypsy type!!! I have a principle and interest loan that is fixed for 2 more years and I do have a little bit of credit card debt. Do I need a depreciation schedule??
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    advice for a newbie

    Hi I am about to become a landlord rather unexpectedly (got a job offer elsewhere). I have been reading these forums for quite some time but am still a bit confused in some areas. The property management stuff I am Ok with but the tax stuff I am finding very confusing. Is there anywhere...
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    IP in Western Sydney?

    If you are looking at Penrith, have a look at South Penrith. Houses are more established and the blocks are bigger than the newer developments in Penrith.
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    Renting out IP to more than 6 people+ ?

    Anyone watching 7.30 in Sydney about overtenanting without landlords knowledge? It is mainly overseas landlords but interesting all the same.
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    How will this work - shared ownership

    Thanks Hiflo - that answers a lot of questions about how to cover the rent part of things so that is remains an investment for my family member. Very helpful - where do you live now though?? I was hoping to live in it for around 5 years. Thanks so much for being so helpful it really does...
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    How will this work - shared ownership

    Thanks Wylie. I certainly have some thinking to do.
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    How will this work - shared ownership

    Thanks everyone - the more I think about it the messier it seems!!! On my own I could only afford a 2 bedroom flat (which doesen't bother me too much) but if for the same price on 50% ownership I could get a house then I would want to consider it. I cannot afford a house on my own not with...
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