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    Rent Asst - How does it work

    Hi all, How does the Centrelink rental assit work? It is like a subsidy padi to owners or renters? Thanks
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    NSW Council amalgamations - Impact??

    Hi all, I'm reading about amalgamation for NSW councils. Some council area have higher property prices than others. So which area would get a boast from amalgamation? Appreciate your input
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    New house price vs 5 year old house price -what does it say about the market

    Hi all, Just trying to work this out Example: New house price (to construct) is 400k Existing 5 year old house price is 360k (10% discount) Assume the built is of similar quality and its just across the street. The new land release of 24 lots have been snapped up. What does it...
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    June rent paid in July - which FY to report?

    Hi all, I have an Ip mananged by the REA. June 2014 rent was transferred by the real estate agent on 01 July 2014. Clarification : Should the rent be reported in FY 2013/2014 or FY2014/2015. Many thanks
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    IP not rented out for 5 weeks ...what to do

    Hi all, I have an IP in logan area,QLD. The tenant 'broke' the lease and left on 13/1/2014. Tenant paid rent till 28/1/2014. PM (Property Manager) advertised placed. So far 2 applicants who were approved by PM simply walked out (PM told me) PM is on leave this week. No progress...
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    3-7 Ming Street,Marsden ,QLD‏

    3-7 Ming Street,Marsden ,QLD message deleted
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    Default Interest - Tax Claimable?

    Hi all, I bought a IP in the last financial year (April 2013). My settlement had to be postphoned due bank loan documentation issues. As a result I had to pay default interest to the buyer. I'm wondering if that can be claimed as 'Borrowing Expenses' in the tax return? :confused...
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    Do i need to CGT ?

    Hi all, Appreciate your thoughts on my situation 2007: Bought PPOR (apt) in sydney for 177k (old run-down apt) 2009: Moved to brisbane. PPOR (apt) was rented out 2010: Moved back to sydney and moved into PPOR (apt) 2011: Bought new house in sydney.just after moving to house,I did a valuation...
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    Australia's tax tips for 2013

    Hi all, The financial year is 2 months away. I hope all the gurus can contribute some insight. cheers
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    New IP - how to deal with tenants

    Hi all, I'm about to settle for an IP in Logan area (Brisbane) Its a 3 bedroom house (with single garage and single toilet) currently on periodic lease. Current rent $310/week. I called the current property manager. I wanted to continue with them. I suggested to the PM => increase...
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    To sell or rent out PPOR before buying next PPOR

    Hi all, Just wants your thoughts on this. I had a PPOR (Principle Place of Residence). I make it an IP (Investment Property) and bought another PPOR. A friend of mine was buying a new house but he wanted to sell his exisiting home. I asked him why? He said he needed the money. I tried...
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    Driveway channel drain

    Hi all, I have an issue that the rainwater on the driveway goes onto the garage. There is a mild downslope from the road to the garage. There isn't any channel drain now. Its a place i'm considering to buy What's the best way to install it.... do i have to 'hack' the concrete ,place...
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    CONVEYANCING in QLd (logan area) - contact pls

    Hi all, Looking for a conveyancing contact in QLd (logan area). thanks
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    53,900 Kiwis left for Australia ...where do they settle down?

    New figures from Statistics New Zealand showed a record 53,900 people left for Australia in the year ended July 31, which was offset by 14,000 New Zealanders returning from Australia. I'm curious on where they settle down...is logan area,qld their 'hotspot' Anyone care to share No...
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    More Auction = Market booming ?

    Hi all, I'm watching the logan area in Brisbane. Recently i'm seeing a trend of putting proporties for auction. Does it mean the owners are expecting a high price or just tring their luck? Thanks for everyone's input. :D
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    Propoerty @ Logan city/Brisbane city boundary

    Hi, Comparing Drewvale (brisbane city council) & Browns plains (Logan council) The median price for drewvale is 450k compared to 280k for brown plains which is just a street away Potental for brown plains to catch up?
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    Building inspectors in Brisbane - Contacts pls

    Hi, I'm looking at an old house in Logan area,brisbane. Looking for a building inspector to inspect the propoerty? Any contacts to share? Thanks
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    RBA cuts interest rate to 3.50 percent

    The Reserve Bank of Australia has responded to growing fears of a global recession by cutting the official interest rate by 25 basis points to 3.50 percent.
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    Tax deduction - HOw to calculate interest

    Hi all, My situation 2007 Bought an apt for 177k - loan 168k I had a standard mortgage with no offset...didn't know what offset account wasat that stage...much wiser now I kept paying into my loan and my loan was down to 100k. 2011 We wanted to move into a house...so i refinanced the...
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    Housing affordability improves as rates, prices fall

    Homes across Australia are now at their most affordable in two years as falling interest rates and a slide in house prices put property ownership in reach of more households. A key housing affordability index that tracks the relationship between household income, mortgage costs and price of...
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