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    questions regarding allowed deductions

    Hi, A few queries regarding deductions: I have a property that I am preparing to convert to a IP shortly. It's currently my PPOR and I received a stamp duty discount in VIC on the condition that it is not used as an IP for the first 12 months. This property has a bathroom that I have...
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    Property Manager Outer East Melbourne

    Hi, As per the thread title, can anyone recommend a property manager they have had success with around the Boronia area of Melbourne? Nearby areas also suitable would be Bayswater, Wantirna, Ringwood, Ferntree Gully. Thanks in advance.
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    PPOR question regarding SRO Victoria

    Early this year I purchased my first property in Victoria and obtained the 50% stamp duty discount. Now circumstances may force me to relocate interstate for work and if I do I may purchase another property to live in. My first home would then become an IP. Now since this would happen...
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    VICTORIA - planning schemes - help

    Hi All, Have purchased a property and it's within its cooling off period. I have a question when trying to decipher the planning scheme: https://www.knox.vic.gov.au/Files/MeetingsCouncil/2013_Item_6_5_App_C.pdf Page 112 has many standards listed in Section 2.0 "Requirements of Clause...
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    VICTORIA - Deposit after auction

    Hi all, A few questions; If I am successful as a bidder at a auction when do i have to pay the deposit? Also when is settlement? I'm assuming these would be detailed in the contract of sale, which would be available before the auction? How do people transfer deposit? Bank cheque...
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    Urgent finance questions

    My wife inspected a property last night and it looked promising. Unfortunately I haven?t secured finance yet or applied for it (as I am in the process of moving interstate). I spoke to some banks last year and I know that the amount I will be applying for is well below the limit of one of our...
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    What would you do?

    One partner works in Croydon, the other in Melbourne CBD. We'd love a house of our own but it seems houses, not units, that are affordable are way out in Chirnside park/Lilydale/Mooroolabark. I have around 100k saved and should be able to save about $50k again this year. So, my...
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    Timing the property/pest inspection

    Hi All, Looking to buy my first home/IP so I have a lot of questions. This is for a house in Victoria. When organising the building inspection; if you plan to do it during the cooling off period after an accepted offer can your offer be unconditional? I.E. Is the offer "subject to a...
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