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Hi guys, We are currently doing a 3 unit development. We set up a company for the sole purpose of the venture (family/discretionary trust as shareholder) with my wife and I directors. Purchased a house, intended to build 4 and sell all...however Council intervention meant we got...

Hi Guys, Just looking for confirmation or otherwise of consequences of selling off the plan - contract signed date or settlement date . . . If I have bought land for the purpose of subdividing, constructing 3 townhouses with intention to sell and make a profit. Registered for GST and...

Hi Guys, I've got a house worth about $560K owing about $440K. I have a Planning Permit to put a unit in the back yard, and subdivide into 2 blocks once building is completed - I estimate it is going to cost approx $300K to build the unit in the back yard. I'm looking to borrow approx...

Hi all, Have a tenant who has fallen about $6,000 behind in rent. We finally have a warrant to evict them with the Police. As I understand it, if we evict them then we are obliged to put their possessions (left behind in our property) into storage for 21 days or something...

Hi All, Not sure if this the right place to start this thread, but I just wanted some of the forums opinions on the FHOG in the following scenario. Assume I purchase a house/townhouse with like a granny flat. The granny flat and the house are NOT separately metred for...

Hi Guys, Just wondering if anyone owns CCP? I believe it was one of Peter Spann's top 10 shares he mentioned in his latest investor updates. I picked it up in July as it met my criteria, anyway. . . It fell about 43% today :eek: From what I can tell it was because they downgraded...

Hi everyone, My partner and I have just lodged our 06 tax returns (lodged before 31 March but just received the Assessment Notice from the ATO). And it seems that they have not charged either of us the Medicare Surcharge. We earn well inexcess of $100K as a couple and don't have private...

Just wondering who has to pay the levy if a levy is due inbetween signing contract and settlement? ie: Sign Contract 03 March 2007 Levy to be paid 01 April 2007 Settlement 03 May 2007

Hi, I am looking into buying a digital camera for my partner's birthday which is coming up soon. I am interested to know what to look for in a camera - ie what makes a good one. If any one can provide some helpful info or recommendations that would be great. Looking to spend up to $600...

Hi Guys, Just thought I would share a recent experience of mine. We had some plumbing problems (basically a blocked drain) and needed a plumber. I didn't really know the best place to look for a tradie - but remembered hearing trade service/central (something like that) on the radio where...

Hi Peoples, I have looked over a contract for a property which is coming up for auction this Saturday and have noticed that it has a Heritage Overlay HO442. The property is a 2 bedroom flat in a block of 6, quite large about 80+m2, built in the mid to late 70's. My solicitor has said...

Hi Guys, I have a friend who purchase a studio (more like student accomodation) off the plan in Carlton (Melb) in 2005 due to settle in Nov/Dec this year. There are 8 floors, and each floor has 9 studio/bedsit rooms and a common lounge. The bedsits are quite small about 7m by 3m - so...

Hi Guys, I am hoping someone can shed some light on my question with regards to Lenders Mortgage Insurance. Lets assume I borrowed 90% for an IP on a standard variable rate, interest only and I did it one year ago. Obviously I paid LMI as the LVR was 90%. Now one year on, and I...

Just interested to know if anyone here invests in agribusiness with its huge tax benefits. Obviously I realise that you need to spend $1 to get a maximum of $0.485 (soon to possibly be $.45) back. But if that $1 was an investment into agribusiness which in 10 years time could be harvested...

Hi Guys, Just recently been to see our accountant to do the tax returns for last financial year ending 30 June 2005 - and after taking us through the returns he presented us with his bill for $5,000 ! ! ! I know it is probably hard to compare everyone's situation but I wanted to bring it...

Hi Guys, I am just looking for a second opinion here - or referral to a solicitor whom could help me out. I have a business which is operated by a Unit Trust with Corporate Trustee (me and business partner directors) of which half the Units are owned by my family Trust for which I have a...