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Hi, Im guessing everyone who is about to read this is cringing and about to say don't do it!!! but I am in the early stages of considering how to do this and am confident it can work on a personal level. So, a group of close friends (20 years +) and I are all wanting to start investing in...

At the moment i have an IP on an IO Investment property loan which is being rented by friends of the family. House is split on ownership of 50%(me) 49%(other) and 1% (other). Now say i want to move into 1 room and rent the other 2 rooms to the current tennants, what implications does this...

We need a lawnmower to mow our IP's grass (friggin tennants dont maintain our 'golf course') We love our grass so will will maintain it. Looking at a cheap $300 one to keep at the property. What tax benifits can we expect from this purchase and maintenance of it. Purchase and IP is split...

Can anyone recommend an accounatnt on the Gold Coast? After visiting H&R last year i have a sour taste in my mouth. Thanks Tye

Well ive got a hypothetical question that i need answered, here goes. Son has IP/PPOR with parents split 50/50. Now girlfriend of 5 years and son want to move into said IP/PPOR when current lease ends. The 2 have never lived in their own house before but have lived with parents n their...

Location is Varsity Lakes, 200m from bond university, 4km from 1 major and 1 slightly smaller shopping complex. 2 Primary schools, 1 high school, 1 collage and 4 day car centres within 5km. Bus stop across the road. Newly developed area with town centres and smaller shopping blocks opening up...

Hi, Here is a situation im in Im 22 and have my first IP on the gold coast (burleigh) which was purchased with my parents for $433 000 1 year ago - rent is $320 per week Loan for this property is $550 000 IO (combined with parents PPOR loan) @ 6.67%. Will be converted to $433 000 IO in...

Just looking around for some one to complete a depreciation schedule on our IP on the Gold Coast which was built in 1986, renovated in 2000. Deppro want $495 inc. and Depreciator want $715 inc. How do these prices vary so much? Comments on both companies? Thanks Tye

recently when we visted our IP to do some gardening and mowing of the lawns we saw that the garage had large mould stains all over the inside walls where they had left boxes packed against it. Now the water come from large storms and flooding all through the gold coast area several months...

We have just bought a property in Feb 2005 and I am unsure if we are taking full advantage of it. Here are some of the details $440k house IO loan for $440k Rented out for $350p/w At tax time the accountant (H and R) claimed things such as travel, prop. Management fees, maintenance...

hey all well my friend is in a bit of a pickle, heres the story. He applied for loan with the NAB (which he had always used and had 1 prior mortagage) and from the beggining he and his personal banker had agreed (verbally) on an interest rate of 5.57% (current was 5.69%) and no...

hey just a quick theoretical question say i had a loan for a house with my dad for an investment property and decided to rent it to my brother for market value, Not going through a real estate agent. is this still classed as an IP and are the property expenses still tax deductable? if...

hey well im straight out of uni and 21 with a part time job and my brother is in the same situation but 26 and has been travelling for the past 4 years. now our parents own their own home ($560k) and are willing to to get the full loan out for a home for us (which we will service)to move...