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Hi All, I am a PAYG (Pay as you go) employee. Sad situation, my employer is likely to go bust, due to inability to pay it's bills. I believe that directors have to draw the line in the sand before they *trade whilst insolvent*. We are now mid way through May 2014, with 1? months to go...

Hi All, I have just purchased a unit/flat and have just received the depreciation schedule. It seems to be a mix of items that are....... a) in the unit b) in common areas, with a value based on total value divided by the number of units. I only expected to see items IN the unit...

Hi All, I have been running my own depreciation schedules, maybe not such a good idea, but it is way it is. (yes, a professional created the asset values & useful life spans). Anyhow, adding new assets into the depreciation schedule, working out the years depreciation, (or part year), and...

At Bank A, I have 1x Investment Loan secured on Investment Property. At Bank B, I have... 1x LOC secured on debt free PPoR I am presumming this structure is satisfactory, but please advise if not. Anyway, I want a new LOC for 2nd IP, but Bank B is being a bit awkward regarding...

Hi All, I have one negatively geared property, that has $75,000 outstanding on a Line of Credit (LOC). As well as a separate investment loan of $350,000 I am in the process of buying a second property, this one will be marginally cashflow positive, only to the tune of plus $5 per week. I...

Scenario... I have a LOC which was effectively at it's credit limit. As I had IP bills to pay, and as I had some spare cash in our PERSONAL deposit account, I transferred $5k, as a tempory loan, from personal deposit a/c into Investment LOC. This enabled me to then pay the IP bills from the...

Hi All, I am new to Property Investing, and still find one area very confussing, despite a lot of quasi-info about this one particular issue, ie the ability to capitalise items, and make a full tax deduction as a result. As I understand it (please correct me if I'm wrong on this), the ATO...