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Hi everybody I'm hoping for some information on how to improve my situation. At the moment I have a unit trust that only owns one property in Sydney. The Trustee Co borrowed the funds to buy the property and I have to pay the shortfall of some $4K per month. As the trustee borrowed the money...

Hi I'm aware that if you borrow money to buy units in a hybrid trust, you can claim the interest as a personal tax deduction. I'm assuming that this is the same as a Unit Trust, in that the Hybrid Trust is operating as a Unit Trust if there are units outstanding. My question is this: The...

Hi My tenant of 4 years has just told me that he's moving out :-( I'm overseas and won't be back until a couple of weeks after he's gone. Can anyone recommend a good Property Manager in Paddington, Sydney that I can use to look after the property for me from now on? Thanks

A friend of mine has just bought her first investment property. It's a house off the plan. It was supposed to be finished on the 8th December. They then had 3 weeks to settle. She's been offered a job in another government department, and because she currently works in a government 'agency'...

Hi On my work computer, I can hover over the thread title, and it gives me about 4 or 5 lines that I can read before deciding to open the actual thread to read the rest. At home, I get one line only. I figure that as I'm logged in to both places, it must be a computer set up thing rather than...

Hi all I'm looking at buying 600 acres on the Hume Highway an hour South of Canberra. Can anyone tell me what sort of LVR I would get, and what interest rate I'd be looking at - if it would be higher than normal resi etc. There is no house, but it does have a building entitlement...

Hi all Desperately need some valued second opinions. My friend and her husband are about to purchase a property for her parents to live in. At this stage, her parents will only be able (or are willing) to pay $170 per week. Market rental would be $350 to $400 per week. Loan will be for...

Hi I've got a trust/company structure. I believe as the company is a 'trustee' only that it is exempt from lodging a tax return? If that is the case, can the trust (or who does) claim the admin costs for the company when compiling its tax return?

Looking for advice, pointers to someone that can help. We've got a falling down house that was built in the 1840's near Jugiong NSW (near Gundagai of dog on tuckerbox fame). It's been a pub and a house in its lifetime, as well as a pottery studio etc. in late 70's. What we really need to...

Help. I've had to change the trustee of my trust, as the company is being/about to be sued. Wrongful suit, but nevertheless it is happening. Sooooo, I've sacked the company, and set up another one to take over as trustee. Only problem is that the Government has demanded that my trust deed...

Hi I've got a property in Sydney in a Unit trust. Currently my ex and I own half the units each. Within the next couple of months our settlement will have me owning all the units in this trust. Does this still work, or are there legal requirements to ensure that there must be more than...

Hi all I hope the wealth of experience in these forums can provide for me a solicitor who will help me deal with a regional Council. A friend has had a DA in (for a shed on his property) since November, and Council has ignored all attempts to contact them via phone, email and written letter...

Hi all Just wondering if this situation is normal: Buying a property in Family Trust, with Company as trustee. Lender has come back and asked that all beneficiaries over the age of 18 must sign as guarantors for the loan. They haven't specified, but I'm assuming it's only the Primary...