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Hi and I hope some one can help. I have a business that is making a profit and recently had a partnership between my spouse and I. 70/ 30 split. once you make an election on the split you cannot change it and this is the problem as the 30% for peter this year is too high based on his...

hi everyone, What happens if a propery is in the name of one spouse but the loan is in the name of both spouses. If the spouse wants to sell the property does he need permission from the person on the loan agreement. Can he just go and sell the property. Is this legal. thanks in advance

Hi everyone. I have just been informed that my tenants want a 2 year lease on the property. what is the best way to negotiate a price? It is currently leased for $400, but houses that are similiar are now asking $450. when we leased it out we were struggling to get $400,but now...

Hi everyone, We sold our small PPOR and built our dream home and parked all the funds into this home . This dream home was an IP for the first year. It is just in my husbands name. Just recently we came to the conclusion we would be happier living in a single story home ( doubles are so...

Hi, I was wondering about the following scenario. If I have a loan with the bank, and offered them extra security ( title with no mortgage), am I able to access some extra equity without having to refinance the loan and paying discharge fees on the first loan. I was told this will be...

HI to all, Family of 4 are looking to go away from the 10th of December - 28th January to the Gold coast. Looking for 4 star accomodation - security complex, close to beach, modern surroundings. If there is anyone on the forum that has anything for Lease, please post details. thanks...

Hi to all, Over the last week, I have come across 2 cases of intelligient, high paying professionals being negative and uneducated towards property. First example, a top notch professional from a major property corporation meets me at my new IP. He will be organising free landscaping for...

Hi Everyone, I have 2 properties in an Estate called Sanctuary Lakes, which is largely made up of owner occupiers, and caters more for the higher rental market. We are surrounded by an 18 hole golf course, gym , spa , sauna , cafes and 24 hour security. It is only 20 minutes from the CBD...

I have just been comparing 2 landlord insurance policies, and have realised that my EBM Rentcover Ultra does not cover for -Burglary or theft, unless caused by Tenants. It also does not cover for Malicious acts, unless caused by Tenant. It states quite clearly that you are not...

Hi All, We are in a dilemma and not sure what the best thing to do is. The buyer that was going to buy our PPOR has decided to bow out of the purchase of the house. The facts are that he only put down a $500 deposit on signing and had a one week finance clause put in. To date- it...

Hi, I had a bit of discussion on this point to a few professionals, and everyone is giving me a different numerical answer. Purchase price of property $188K 1/1/00 Sale price of property $250k 1/3/02 Depreciation write off since purchase - $21K Closing written down...

From: Marina . Hi all, Hands up to those of you who are addicted to property. I know I am, and so is my husband. We started our journey 2 and a half years ago, and wow what are journey. We cannot stop. We thought we had purchased our last property, due to the fact that we were close to a...

From: Marina . Hi everyone, My parents purchased a block of land and paid the 10% deposit and signed the contracts. 3 weeks later my dad got sick and now they will not proceed with the purchase. There was never a SUBJECT TO FINANCE in the contract. So the bottom line is according to the...

From: Marina . Hi everyone, My banker just called to say we cannot access the equity due to non-servicability. The reason she says is BASED ON PRINCIPLE AND INTEREST YOU CANNOT SERVICE THE LOANS. Well I said if you calculate using INTEREST ONLY, you will see that WE CAN. She said this is...

From: Marina . HI, Our builder has asked us that he wants to take professional photos of our house to show clients and for their office and who knows what other purposes. He had also stated that the company wants to out the house in Home Beautiful magazine and enter it into a House Industry...

From: Marina . Hi, I have a prospective tenant for my property ( a husband and a wife- professionals)who are willing to pay me $550p.w. The only thing I am not sure about is they have an inside/outside dog- Golden retriever cross with a labrador. It is a couple of years old. Do I give them...

From: Marina . Hi, It was Oct 2000 and I posted a question on "Building your Dream Home and leasing it out." Well the good news is that after a long journey and some major problems and stress our dream home is now complete. All our friends and family think we have gone crazy to lease out...

From: Marina . Hi everyone, Everyone recalls the post I made on Damages for late completion. Well things are getting worse. We withheld the final progress payment, but the builder was kind enough to give us the keys to the house over Easter. Hubby went to the house all excited about spending...

From: Marina . Hi, The HIA contract states building to be competed in 180 days including 10 days for inclement weather, 5 days for weekends, holidays, and 20 days for other. Agreed damages is $250 per week. We are now over approx 4 months!!!!! Our building has been going on 304 days and we...

From: Marina . Hi, Our builder has just finished the completion of our new Ip and wants a site meeting this week so we can go over any thing that needs fixing or we are not happy with. I am just wondering if there is any professional we can call upon that could come with us and go over the...