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  1. metamorphosis

    unconnected power frustration

    Hi All, I've recently been really pissed off with my property manager (usual!) I have been chasing my rent every month since january of this year. The tenants moved in on Dec 4 and paid for Dec4-Jan4. However they had problems connecting their power for 3 weeks, due to it being a new...
  2. metamorphosis

    Has anyone ever strayed?

    Hi All, It's been a long time since I've been on the forum. I consider myself to be quite a young invester, so after I brought my first IP, with the help of this forum, I felt 1) so unmotivated to learn more after the 1st 2) also that it was just so much hard work to keep thinking/doing...
  3. metamorphosis

    depn question in relation to Home business??

    This is a bit unrelated to PI'ing, but my parents work at home, their industry is sewing - outworkers to the fashion industry. Due to the dust contamination in the air due to the fabric cuttings, my dad was considering purchasing an air treatment system. (my mother has also developed a...
  4. metamorphosis

    Negative gearing: Everyone else pays

    Recent Article in BRW: Taxpayer funds that subsidise investors' negative gearing could be better spent to benefit the community http://enewsletters.f2network.com.au/cgi-bin16/DM/y/eRq10PXQ0Bn30pZ80Aj
  5. metamorphosis

    Water Bill - who pays service charges?

    Hi All Should the tenant be paying the whole water bill, or does the landlord pay for the service fee and the tenant for usage?
  6. metamorphosis

    Outstanding Capital Growth!

    For those of you that don't subscribe to the Home Price Guide... This is what they published this week: Biggest Sale in Melbourne: 41 St Vincent Pl Hocking Stuart Sold $2,440,000 (2003) They said this property sold in 1998 for $406k I wish I made that purchase!
  7. metamorphosis

    Depreciation Schedule - which option?

    I've just received my schedule from Depreciator. How do I work out how much I can expect back for the first year? The schedule is typically set out as follows: Prime Cost + Low Value Pool $1900 OR Diminishing value + Low Value Pool $2100 ------------------ Prime Depreciation fo...
  8. metamorphosis

    Dep Schedule for Pre 1985 House

    Why does it cost so much for a schedule? I have been quoted by Depreciator $715 for a schedule: Pre 1985 3 bd house. Is it likely I would get this amount back in tax? Does any investor out there have an example of the sort of tax return they have got for their pre 1985 3 bd house -...
  9. metamorphosis

    Worried about OTP

    Hi People Just wanted to express my concern about my first OTP. 12 months ago I brought an OTP which is scheduled to be complete in another 12 months. I have spoken to an agent in the area and he has estimated that the townhouse may sell in the range of $80k less than what I have paid...
  10. metamorphosis

    Contract of Lease Template

    Hi All Does anyone have a template/or idea of how I should write up a lease agreement? I am going to rent my IP privately and not through an agent, and also I know the tenants, I just want to make sure that they are clear on want I expect of them. Thanks
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