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  1. S

    Tax deduction for owner repairs

    Out of curiosity, if the carpet costs less than $300 (cheap DIY job), can you claim the depreciation up front?
  2. S

    Moving / removing street tree

    Thanks for all the replies. The draftsman was dealing with council. I thought he had formally applied, but he just spoke with their arborist who agreed the tree is nothing pretty, but it's healthy and it's unlikely council will approve removing it. Apparently council will only look at it as...
  3. S

    Moving / removing street tree

    Thanks G & T. Happy to pay, but council have flatly rejected it. Just wondering if there is any review/appeal available.
  4. S

    Moving / removing street tree

    The tree is too close to the boundary. We're developing a four townhouse block, the idea was to have one townhouse with its own frontage and crossover, and the remaining three to have access off the other driveway.
  5. S

    Moving / removing street tree

    Has anyone managed to negotiate with council to move or remove a street tree? I'm planning a development with two crossovers, but there's a street tree that's a little too close to the second proposed crossover. (Monash) council have refused to let us move the tree. In Victoria, does anyone...
  6. S

    Netflix..what are you watching??

    Bloodline, orphan black, arrested development, orange is the new black, marco polo, jim Jeffries. Stan has some good stuff too.
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    Funding Development - Cash or Equity?

    Thanks Paul. When you say accumulate, would the accumulation period be limited to the financial year the property becomes available for rent (and beyond) or could you claim retrospectively for interest incurred in a previous financial year? [Edit - never mind, I read the case. It seems that...
  8. S

    Funding Development - Cash or Equity?

    Interesting. I did forget to mention that no sales are planned, intention is to hold. I guess what I'm interested in is whether the interest for the pre-construction costs will be deductible once they are available to rent.
  9. S

    Funding Development - Cash or Equity?

    Sorry, yes it will be for investment Terry
  10. S

    Funding Development - Cash or Equity?

    Just a quick question for the tax gurus. I'm in the early stages of developing a property I own - just getting initial sketches done now. I'm wondering what the best way to fund the development is, from a tax and/or cashflow perspective? I've got cash offsetting my homeloan (PPOR), and I've...
  11. S

    I like the other Forum better

    Fellas, he's doing a remarkably good impression of a supernatural bridge-dweller.
  12. S

    How do I find the owner? Bad real estate

    This troll is a comedic genius.
  13. S

    Glen Waverley - Not slowing down!

    Yes littletree, that's pretty much the reason. A bit of madness over the school zone created demand. More Chinese bought in the area, which attracted more again as it became a bit of a chinese quarter like box hill. Developers got a sniff and started building apartments, adding more fuel and...
  14. S

    Glen Waverley - Not slowing down!

    Monash has just proposed new residential zones that will severely inhibit development. Might have an impact on values.
  15. S

    Laundering money

    Fixed that for you. :)
  16. S

    Lets Talk Diamonds

    I can highly recommend Whiteflash. Ordered an engagement ring through them last year. Lots of information about their diamonds, also conflict free. Definitely spend some time on the price scope website, very knowledgeable and friendly bunch, not unlike this forum. I'd suggest getting the...
  17. S

    Contract for purchase - help checking?

    As long as you both have a copy of the signed contract, that should be fine. You checked both copies you signed were the same, right?
  18. S

    The Black & Blue or White & Gold Teams

    Funny, last night it was white and gold, now I'm seeing blue and black.
  19. S

    Building contract administration

    Thanks andini, very helpful post. When I say contract administration, I'm talking about client side project management / keeping the builder honest type thing. Cheers.
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