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We are moving to states for atleast 1 year early Feb. I have 3 bedroom townhouse in Toongabbie which I want to rent out. 1. Any recommeded property management services? I can see LJ hooker and Elders shop in toongabbie local market but I have never used a Property management services. How...

Apologies. My budget is 600K. I am open for any suburb within 30-40mins ride from cbd.

I am looking for 4 bed house (not villa or townhouse) for investment and followed by self-use or other way around (depending on my personal situation). Since we both work in sydney cbd, so prefer it closer within 5-10 mins walk from the station and 30-40 mins train ride from the city. Will...

Can you elaborate a bit more? What do you mean by cashout?

I am an Australian resident and have a PPOR in Australia. I have build up some good equity with my PPOR and wish to leverage it for buying property overseas (India). E.g Overseas investment property is $100K. I plan to give $20K as deposit from my savings and for the remaining $80k, I plan to...

Not 100% sure, if I have got it correctly. I have attached sample invoice. Does it seems right? E.g is Taxi bill is 100 and GST is 10. So I pay Taxi driver 110 and get 110 back from client as part of reimbursement process. Still I have to pay 10 GST to ATO ?

Thanks for clarification. My concern is that if i split Flight/Taxi expenses as "Sale amount + GST" in the invoice to client, do i have to pay this GST to ATO? As per my contract with the client they will reimburse Flight/Taxi amount on full. I don't want ATO to take away GST part of it.

My company and client are both registered for GST. I am about to send first invoice to my client. Invoice has my staff daily rate (e.g $1000) and related GST amount (e.g $10). But invoice also include hotel/taxi/plane ticket which my client will reimburse in full amount. I capture GST amount...

Thanks ok180. I think i got my answers from your link http://www.fairwork.gov.au/employment/independent-contractors/contractor-or-employee/pages/default.aspx The link says independent-contractors pay their own superannuation and tax, including GST. Now, I plan to draft a...

Appreciate your reply. My question is how can pass responsibility of Tax and Super to independent contractors. Since we are a 2 man company, we dont have time and money to manage super/tax for 10-15 different trainers we may hire in an year to do 4-5 training assignments.

Thanks for reference. Have you deal with him personally? What his charges like? Also I would need a lawyer to put up employment contracts for the trainers. Any recommendations? (

We do technical training. Sometimes trainers are not available in-house, so we hire trainers. As these trainings are 4-5 days, we want to hire trainers are as contractors. To avoid accounting over-burden (we are a very small startup), we dont want to manage contractors super and tax obligations...

This is not related to property investment but a business startup's Tax and legal question. Thought, experts here might have encountered this issue before. I have recently started a IT consulting company. We also do IT Technical Trainings. I plan to hire contract trainers for short term...

Sharing useful links from ATO website http://www.ato.gov.au/content/downloads/ind69513nat14233062010.pdf http://law.ato.gov.au/atolaw/view.htm?locid='SAV/00238031'

Meaning Australian Negative Gearing benefits can availed legally? Can you recommend any Tax Accountant in Sydney who have experience in Overseas Property Negative gearing?

Thanks for your reply. Can you recommend any Tax Accountant in Sydney who have experience in Overseas Property Negative gearing?

This question came up while discussing Negative gearing concept with an Indian colleague. Can Australian Resident claim Negative gearing benefits from overseas property investment in below mentioned scenarios? Scenario 1 - Buy an existing house (constructed and ready to rent out). Use PPOR...

Thanks for your detailed/insightful reply. Really helpful. Replies to your questions 1. are you (both) happy at your respective jobs? Yes. We both are quiet happy. 2. are you looking for something more challenging that has a high probability of making less money than your current...

Okay. Any specfic story about Easyway?

Hello boarders, Anyone got experience in running Easyway franchise in sydney or rest of the country? I recently came across an opportunity of a new Easyway franchise. I have never done franchising or any other business before. i am MBA and work in IT consulting. Both wife and myself have...