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  1. rodimus

    Property Deductions Without receipts - what max amount are allowed

    Hi Are there any property deductions that we can claim such as maintenance, repairs, cleaning that we can claim without receipts (under a certain amount of course)? Sometimes people do spend on cleaning, gardening, stationery, phone, stamps, sundry without having any receipts. My friend...
  2. rodimus

    Property Manager says this is "wear and tear". What do you think?

    Hi guys, I have a problem that needs your opinion. We have a brand new apartment that was completed in 2013 March, and rented out around June 2013 until December 2014. The first tenant moved out. Our property manager says this is classified as "wear and tear", and they have already refunded...
  3. rodimus

    copyright of old books

    Hi all, I have seen many versions of old books such as Napoleon Hill's Think And Grow Rich. How can there be so many copyrights by so many publishers? So can some publisher just copy the text and publish another version of the book? :confused: I have seen a trend now where publishers...
  4. rodimus

    Any mortgage brokers here?

    Hi any mortgage brokers who are familiar with helping people working overseas to get a loan from australian bank? My friend has 2 properties in Australia with bank loan. But he moved overseas for work, and wondering if he can get a bank loan from Australia. PLease contact me
  5. rodimus

    Macquarie forced to contact customers

    http://www.theaustralian.com.au/business/companies/macquarie-forced-to-contact-160000-clients-over-bad-advice/story-fn91v9q3-1227025309590 Has anyone here invested in Macquarie products? I;m still waiting for them to write to me....
  6. rodimus

    Problem with property manager in Melbourne CBD

    Hi guys, My mother is using one of the real estate agent in Melbourne city to manage her property in the CBD. The manager is very unresponsive. My mum (who doesn't live in Aust) went to Melbourne in hope to see the condition of her apartment, but the agent just said the tenant didn't respond...
  7. rodimus

    SMSF for property investing

    Is it advisable to use my superanuation for property investing if I only have $40,000 in it? Or can consider merging with my sister's SMSF? Never been a big believer in putting additional $ into superanuation.
  8. rodimus

    Better to pay off loan balance or to keep a loan for tax purpose?

    If I have a investment property with a loan of $120,000 for 2 properties worth about $1million, will it be better paying off this loan? The rent more than covers for this. Because if I pay off the loan, then no money is wasted on paying interests to the bank. If there is no loan, then more...
  9. rodimus

    Selling IP in hybrid trust - offset expenses from capital gains?

    I have a rental property in my hybrid trust. The trustee company/trust has accumulated a loss (expenses from loan, car, ebay business, body corporate, council rates) over the past 6 years. I was told by my accountant that if I sell the property and make a capital gain, that capital gain...
  10. rodimus

    How much would I be paying for $500,000 loan (P & I) for 30 years?

    Does anyone know how to calculate how much we will have to be paying to the bank for paying off a $500,000 homeloan in 30 years? Assume 7% interest per year average? Principal = $500,000 Interest = ?
  11. rodimus

    youtube earnings taxable?

    deleted duplicate
  12. rodimus

    Claiming property seminars

    Are people allowed to claim the cost of property seminars as tax deduction? I went to a seminar organised by Stuart Zadel last year, it cost me about 6000, but it was good because I learned a lot of strategies about property. But my accountant doesn't want to claim the full amount, he...
  13. rodimus

    Buying a property in America

    Hi For an Australian, what does buying a property in USA do to me in terms of tax? I intend to buy a property by getting a loan in America. Do I have to pay tax to America or to Australia for the rental income? How about Capital Gains Tax? My friend told me buying in America will see...
  14. rodimus

    Singapore ex-judge behaving this way?

    I would like to delete this thread - how can it be done?
  15. rodimus

    PM classifies damages by tenant as wear and tear

    We are having problem with our managing agent now. MICM (Melbourne Inner City Management). In one of our apartment, we found that when the current tenants moved in 2 years ago, there were many things in the Incoming Conditions Report noted by the tenant that -carpet has stains -blinds control...
  16. rodimus

    Buying a fixer upper in Melbourne?

    Hi Is anyone buying older buildings or units in Melbourne and doing renovations and resell or revalue in Melbourne? Which area is best for doing this?
  17. rodimus

    Bought off the plan - many building defects

    Hi I bought an apartment unit in Upper West Side in Melbourne city. My mum also bought 1 in the same tower. After completion, we discovered many building defects. 1- white liquid stains on the kitchen floor tiles - can't remove. This stain could be caused by other trades (maybe the...
  18. rodimus

    Self Managing or find a good agent in Melbourne city

    Does anyone know any good and professional Property Managing Agents in Melbourne city? We have a brand new apartment for rent. Actually i considered self managing, but finding a good tenant is difficult. Tried those free websites and facebook, the people who contacted us were dodgy- no proper...
  19. rodimus

    I want to take out a LOC from my hybrid trust property

    Hi Any homeloan brokers here? I need to take out a LOC from my IP's equity. The IP is in a hydbrid trust. What's happening at the moment? I contacted 3 brokers and none of them got back to me.
  20. rodimus

    Tax on USA property investment

    Hi My mum is Malaysian citizen, she would like to buy a property in USA. What about the tax? Does USA have CGT? What about rental? Whats the %? Malaysia doesn't tax her on her overseas income/profits.
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