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Vestey was fat with money and muscle. Beef was his business, broad was his door. Paul Kelly "From little things big things grow" :)

Why can't a beneficiary of a family trust lodge a caveat for a future benefit, just as they can as a beneficiary under a will. And where would the caveat stand in relation to an existing mortgage, mortgagee's legal costs, agents fees in a mortgagee sale.

Landlords Choice seems like good value. Ta

How to get property on an internet listing I am aiming mainly at overseas market and want to list on the internet. My agent said for real estate . com .au, I can only list if I get full real estate service from them ie $25,000. Otherwise I can use buymyplace .com . au for $350 Is...

Thanks Propertunity, it is a discretionary trust. My accountant wants to treat sales as a business asset and property as stock in hand. And hence sales are profit. I would argue with him. But I have had a brief look at tax cases. ATO can argue if you asked the council about development...

abc pty ltd atf abc trust Please correct me if I am wrong. The above is a trust. It is therefore in theory elligible for 50% cgt discount. (as opposed to a company which does not get 50% cgt discount) The trust objectives are written down that the trust is in the business of long term...

I know there is a 5000 km limit on car kilometre deductions. Does anyone know if this is 5000 km personal IPs plus 5000 km trust IPs. And if I have 2 cars is it 5000 per car? Stirling

you misunderstand. a) Purchase price = $180,000 land/building + $20,000 furniture b) Puchase price = $200,000 land/building + $0 furniture a) and b) has same cost for purchaser, but different cost base for CGT. Best to go for b) then prepare depreciation schedule

Stamp Duty on loan is tax deductible, stamp duty on transfer is part of the cost base.

It should be noted that a high written down value of furniture as a part of purchase price will reduce your cost base for CGT and therefore increase CGT paid. It is swings and roundabouts, reduce tax now by depreciation or reduce CGT paid when sold.

I don't see that qualifications are relevent. I hired a tax deductible guard dog for a building site and he did not have any qualifications except big teeth. :) For vacant properties can use internal lights on timers, put a big pair of boots on the front verandah and put a old pair of overalls...

Is there a way to delay the signing of a contract til the next financial year. ie post dating the contract. Or do I just have to say "thanks for your interest in my property, I will get back to you on first of July"

Fred Johnson's early book "Riches from Real Estate" by Fred Johnson and Brendon Whiting 1980 At the time average Sydney house + land $64,500. Melbourne $44,800 Stirling

Can buy thin benchtop (10mm) that fits over existing benchtop and bull nose covers front of the existing benchtop. Usually have to use existing sink. But dont disturb any tiles, just reseal back of benchtop. Stirling

Hi Xenia, Sometimes council officers and elected members do not agree. There was a case of a complying petrol station on Commercial Road, pt Noarlunga which council officers said should be approved. Council members did not want a petrol station so knocked it back. On appeal council...

Can anyone advise on the best insurance company to insure a block of units. Given that they need some work and some or all may be vacant for more than 60 days. If I advise the insurance company after 60 days that they are still vacant they are likely to put up premium and there is nothing I...

A solid mesh screen is better as kids tend to push holes in the flywire type. Also has advantage of being able to see out but not in. The handles on the cheap ones also tend to snap off, and replacement is not cheap ($35). Of course you can't buy replacement handles, you have to buy the...

The realestateguide site sounds good. Free sign and you don't have to advertise if you don't want to. I will see how it goes. Stirling

Does anyone know where to get corragated plastic for sale signs with just "For Sale" on them and then you add phone number in texta. Other than on Ebay. North East Suburbs, Adelaide.

Initially, It may be a good idea to get a parent or guarantor to cosign the lease form. Someone that owns a house and can be tracked down when a default occurs. Someone to send the summons to. Especially those that give such glowing references for tenants. All signatories are liable for the...