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Sorry if this has been answered before - I can't find it tonight if it has... If I borrow $x from an investment loan to buy shares Lets say I sell 6 months later (to avoid 50%CGT discount issues) for $x+y Clearly I've gained $y, which is declared and paid tax on. But the critical...

My children (4 & 8) are about to receive $10k each in an inheritance from their great-grandmother. We're thinking about how to manage this in the best way possible. Our nephews (7, 12 & 14 are also in the same generous boat) Is it insane to think of a property purchase? As parents we can...

The forum is filled with people advising don't touch the conveyancing yourself... And in large I'd say that's probably not bad advice, but back many years ago, "Gregory H" set a challenge - just what were the conveyancing disasters everyone was afraid of? ... or are they just apocryphal...

Just exploring - Has anyone here ever done their own conveyancing (without a professional background in it)... Any resources you'd recommend? Any you'd avoid? Thanks

Hi, not sure what the rule is about cross postings..., but I put a form up in the Information Resources section here It's inspired by Sunstone's Property Checklist... I'm looking at my first development, and searching for land suitable. Being a rural, low-density area, I'm only looking at...

Hi everyone, Inspired by Sunstone's property checklist (http://www.somersoft.com/forums/showpost.php?p=728&postcount=1 and my own recent searching for a cheap development site (my first), I created this tonight. Some of it will be too specific to my rural Shire and state (SYR & Vic...

Hey all, looking for an excel guru out there I have a six year old depreciation schedule, and I need to figure out how to extend the useful life of it... (you're speaking to my accountant) As it stands, I know everything on a standard DepSched. - original cost, already claimed, the residual...

Hi gang, Our property has a large number of the old style louvre windows. (Think 6 horizontal slats of glass, slightly overlapping that all twist together to "open") Problem is the Victorian rental guidelines require windows to be securable... and the tenant is asking questions around the...

Hi all, Our rental has a new PM, and as of Saturday new tenants. First complaint - didn't know how to turn on the gravity-fed off-peak hot water unit, so $80 later for an electrician to turn up and (click) - it's on. Second complaint is now that they're not happy with the water...

Greetings all! Been a long time since I was active here, but nice to see most everyone still around. We've just relocated, buying a new PPOR on 5000 sqm with gorgous mountain views all around. Aaah, regional Victoria at it's best. Interestingly, and I only really thought about this after...

Hi everyone: As detailed in a recent post (http://www.somersoft.com/forums/showpost.php?p=108187&postcount=1) my old PM behaved poorly just before transferring it to another agency. I've decided to start managing myself - I regularly see the tenant, have a good relationship and they are...

delete me. :-) Sorry... would try to delete this, but can't... Issue has passed and is now irrelevant. Luke

Hi Gang, Yesterday my PM rang me, sounding very stressed and insistent... actually she rang me twice about this, and then a third time this morning. I know I'll be getting another call tomorrow to boot. She is claiming that to 'get everything ready for the end of the year, and the...

Hi gang, I'd like to determine whether a cell has a number in it, or a function returning a number in it. Confused...? Consider the following: A B C 1 3 4 =Sum(A1+B1) Of course, C1 just shows a 7. So, to ask...

Greetings all, Last tax year I bought a $600 camera. I calculate that 40% of that use is deductible. So can I claim $240 in the same year I bought it, or does it need to be depreciated (DIV) first, then apportioned? I do not have a low-value pool in operation (and want to avoid it)...

Hi Everyone... Thought I'd tap the collective wisdom of the board. A non-profit organisation (ok, My church!) has, conservatively, land assets of $2million, but it's struggling financially. I'd like to see if some of that equity could be accessed to create an income in a way that would pass...

Hi everyone... This may be splitting hairs, but I can't find anything in the archives on this issue, and I just wanted to make sure... :-) Our IP has a loan that is a mix (about 2/3 & 1/3) of deductible debt and non-deductible debt. Currently it is P&I. Now that BofM/Westpac have nicely...

Hi gang, http://www.puzz.com/at.cgi?a=103316&e=scripts/puzz.cgi??IQ9 I found this on the web today... It is HARD... good luck. Suggestions: Don't start unless you have a good hour or two to attempt it, but there is no time limit. In 30 minutes all I could manage was 120 :( I'm sure the...

Hi everyone... I didn't realise that this forum had messages deleted from it... :( Not happy Jan! Early in October, someone posted a brilliant Victorian govt. website that allowed you to look at property information, everything from an online map, size, dimensions, it included lot and...

Greetings all, With the number of Coffee Lounge posts currently sitting on exactly 1000 I couldn't resist. A toast to the two gracious ladies Asy & Ruby who host the Coffee Lounge, and of course to the Somers who make it all possible. And to all those who have made this part of the forum...