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Thanks everyone. These forums have been such a great resource. Its kind of sad to see is come to an end. Good luck to everyone. Here is a link to an appropriate Queen song to go with the occasion. https://www.youtube.com/watch?v=uKLMYZlbIb8&list=PLjIbvPMuS-z-lEBJsNJrm_a6t_p5f43Lz

Thanks for everyone's input. I havnt had the time to chase this yet. Based on some of the comments, its like anything really there are always a million things that can go wrong. So I'm not too concerned with that. Ill just tick off all the boxes, get the correct permissions, cover myself...

Hi, I want to remove a wall in a unit that I own (the unit is in Brisbane, older style, 125mm brick internal). I spoke with an Engineer and he told me that he can create the plan for the removal, which I will need to supply to the trade who will cut out the wall itself. I think that the...

Hi All, Thanks for the responses. I was not intending on doing any work without an engineer etc (and I certainly wouldn't go and knock out a wall based on a forum comment). I was more interested in just being able to identify if it was load bearing. If its not I would consider it...

Hi all, I'm looking at a potential unit. The unit is on the top floor. I'm thinking that If I decide to buy this unit that I would like to remove a wall. It seems that the wall itself is made of concrete/brick I cant visually see what the wall is made of as it is covered in wall paper...

Nice Work Oscar. You deserve the fruits of your labour and thank you for posting this and helping others with your story.

Hi Nek, Nice work. Thanks for posting all of this. Cheers, Mark

Hi, Interesting post, Ive been looking into this myself as a potential carreer change. What sort of money could the average person running their own small accountancy firm doing trusts, returns etc (as Terry mentioned) make, realistically. Like asking how long is a peice of string...

Hi all, I have a question regarding trusts. Lets say I have a HDT and that trust owns 1 property worth say 200k Lets say that 100k of the loan is in the individual trustees personal name and the other 100k is at the trust level (so there is a split loan). The 100k at the trust...

Wow thats a great resource, thanks heaps. I havnt been on the forum for some time, not sure why I ever left. Anyway, Cheers Panda :)

Hi all, I want to build a fence around my IP. Its a corner block and requires 2 x 2 double gates and a single gate. Totally flat surface. The type of fence I want to build is a 1200 high colonial picket wooden fence. Im considering doing it myself as the products are alot cheaper to...

Well done James. Thats a great result and there really is no better feeling than putting your money on the line and coming out on top as you have and are. looking for ward to hear about your next one. Cheers, Panda

Hi all, I originally thought that the inspirations thread idea was a great idea. But after listening to the responses I think that a forum devoted to this would be even better. There are 2 main reasons. 1. It allows people, who have actually done what it takes a place to share it...

Well done. That’s a great achievement. I am in total agreement to the achievement thread. It would be good if we could keep the thread clean of discussion and just have peoples achievements no matter how large or how small. It would be a great place to go just to get motivation and...

Hi all, Just wondering what forms of income are recognised by banks as reliable income when applying for loans and at what %. I know that there is, - Rental income (i think considered at 80%) - JOB - Business income ( i think 2 years solid evidence is expected) - Gov bonds...

Wow thats great Roger congrats :) I don’t know a huge deal about Mackay but while thinking about how far Rocky is going to go I think its worth asking the question what is different or similar about Rocky and Mackay. I often here agents comparing them, I know they are similar in many...

Yeah I have been watching Rocky as I have property up there. I think Rocky has been undervalued for quite a while and its seemed that it was slow for the recent boom to catch on. Ofcourse it will come to an end but I dont think prices will drop back very much from where they are. the...

Hi Guys, Is anyone using their HDT for investing in shares. I would be interested in hearing others experiences, advantages, disadvantages etc. Im going to take a look at Dales book tonight and see if there is much mention of it. Cheers, Panda

Thanks guys, I called up the ATO and spoke with someone there and they said that an ammendment for both years would be no problem, just need to submit it. I may need to take you up on that offer Mry. I'll see how I go first. Thanks again, Panda

Thanks Redwing, I just found and read that section. I missed that. I was reading pages 118-119. I think I'll read the whole book again. Thanks for your comments. Cheers, Panda