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Hi Just found these videos in the ATO channel in YouTube. Very good for a basic understanding on the TAX aspects of investment properties. https://www.youtube.com/playlist?list=PL5-ESUNqws-OFffQ1Z9xAgGy5Ad5nr_7E

Hi, I am doing my family tax returns, and feel like sharing the numbers of our property investment so far. IP1: Melbourne South East (3B+study,2B,2C) Price: $270K on 2008. Current value: $380K Total holding costs after tax: $20K. $3K - $3.5K per year. Last year was $1K and positive this year...

Hi I was looking at our budget for this financial year and started wondering if we are spending too much on Entertainment and Eating-out, almost $15,000 per year. We are family of 4 (children are 4 and 2). I know all depends on earnings and life-style decisions, but Do you think we are...

Hi Guys, This semester I am doing a subject called Superannuation and Retirement Strategies and I have to present the result of my assigment to a Financial Planer. The assigment consist on designing a retirement strategy for a couple in their fourties. Additional to the normal report I...

Hi All, We (dad, mom, 3yo, 10 month baby, grandpa and grandma) are going to LA for 2 weeks in April but we have not idea where to stay. Not asking for an hotel but for an area within the greater LA. We will rent a car for the 2 weeks. The idea of the trip is to introduce the kids to their...

Hi All, Is still possible to buy a house or duplex (not strata) under $500K in Castle Hill, Cherrybrook or Carlingford? There are some properties listed at around mid 500's, just wondering if those listed prices can be taken down to under 500? Regards, Roberto

Hi Guys, I would like to share our 4-year property investment journey; it might give some food for thought for those investors who are planning or starting a family. May 2006 (DINKY): My wife and I bought a “Large” 2B-2B-2C apartment in Sydney. It was “Huge”, I used the second bedroom as...

Hi, I know there is a stamp duty concession for properties bought off-the plan under 600K in NSW. Does anyone know how much would be the stamp duty for a 650K property bought off-the plan in NSW? Does a pro-rate calculated stamp duty apply or just the normal one? I couldn't find any...

Hi, I have settled in a property in Hassall Grove (Sydney West next to Plumpton), Can anyone recommend a good PM in the area? Thanks, Roberto.

Hi guys, I want to share with you, my silent advisers, what my wife and myself have done today. We arrived to Australia a year ago and managed to save the deposit for our PPOR and this afternoon we settled it, a unit in Horsnby (Sydney Upper North Coast) listed for $34900 that we bought...

Hi all, I am buying my first property in Sydney and don't know very well all the legal aspects, that's why I got a solicitor to help me with the process. I've made a verbal offer for a unit in Sydney to the REA, I told him the price I was willing to pay and my conditions: subject to...

According to this scenario, shares offers better ROI than properties. Is that correct or am I missing something? Property Amount to invest = $40000 Growth = 10% Yield = 3% Holding cost = 1.5% Interest Rate = 7% LVR = 95% Tax Bracket = 42% Deposit (5%) = $20000 => Property value =...

I've been reading in daily basis this forum since 8 months ago when a friend of mine showed it to me. The forum inspired me and I attended to Michael Yardney, Ed Chan and DaleGG presentation at the SIG meeting also I've read several investment books you guys have recomended, such as Rich Dad...