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Hi, I have never sold a property before. When I sell a property during settlement,Let say there is a balance amount that needs to be paid to me after subtracting the bank loan... How will I get paid for that amount? I will assume be bank cheque or bank deposit. In the case of bank...

Hi, I have this scenario. I have a PPOR fully paid and an IP on investment loan. My situation is that when I purchased my IP , I took a smaller loan and the rest was with my own cash. If I were to apply the loan today, the bank will give me another 250K loan. Now, I would like to...

Hi, If I want to get my tenant to vacate after the lease has expired, Let say for purpose of argument the notice is 60 days to vacate. Does the 60 days notice have to start after the lease expired? Or can the 60 days be given to coincide with the lease expiry date. eg. if lease expires on...

Hi, I have 2 phone sockets in my Investment Property. If one is not working and tenant want it fix. Should the tenant pay for it or the landlord? Thanks

Hi, I bought an IP around 1 year ago. At that time we make the ownership as 95% on me and 5% on my wife. So that for negative gearing purposes I will get to claim on tax 95% of the interest/expenses since I'm earning more while my wife is only doing party time work. However, we then...

Hi, I have an IP bought a year ago. Price Paid 725K + 40K cost of purchasing. Current Property value is now around 860K +- Investment Loan is 500K which means I put in 265K of my own money. I think I made a blunder by putting too much of my own money. From TAX perspective, is it...