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Here's one for the SMSF guru's. I have a commercial IP that has a retail shop downstairs and has 2 residential units upstairs. I have no interest in the business renting the shop. Now i have been told that if i convert the upstairs units too offices so that the entire property is commercial...

Another Today Tonight story ( i know, but there's nothing else on) http://au.todaytonight.yahoo.com/article/5537392/general/hung-dry They have only being in OZ for 8 yrs and developed a IP porfolio of 4 mill and this time it's not the banks fault it's the developers...

An Adelaide council (salisbury) is giving away council owned land for free:rolleyes: you pay for the house to be built and then when you sell the property in the future the council will take a share of the price. What i am curious to know is the % payable to council on sale? There are up to...

This proposal would be a big winner for all property owners backing on to the railway, especially around tooronga and gardnier stations http://www.theage.com.au/news/national/4-billion-rail-tunnel-back-on-track/2007/03/16/1173722750206.html

Yes i have taken the plunge once again and picked up a unit at auction down in bayside melb. I must give all the regulars here on somersoft a big thankyou for all your wise wisdom over the last few years................truly inspirational.:) Now i can go back to a normal life and do the...

My LOC"s are used for income producing purposes only, so can i use a loc to fund the payment of a buyers agent and is the interest tax deductable on the loc? I am aware that using a buyers agent is a capital cost but does the ATO view their service as a "income producing cost" to an investor...

Yes the mother inlaw's here for a visit, 1 week down 1 week to go, and i must admit i have never spend more time on the internet browsing potential IP's. What is it with Mother inlaws, she follows my shadow around ( so i sit on it)

With all of the investment going on over in WA it's only a matter of time before perth overtakes melbs median price. To my knowledge this will be a first, so a couple of questions come to mind. My LOC is calling me, might be time to take a calculated risk? Does perth have the population...

Yes i have been searching but non the wiser. I have a mate who couldn't sell his PPOR and then bought a new PPOR in melb.( very common i suspect) I found a thread that mentioned he could rent out the old PPOR for a six yr period without losing his CG advantage before renting, is this correct...

After reading a article in this months API mag (insurance claim for damage) i did some checking with my insurer and found that if one of my tenants intensionally burnt down the property they were renting i would not be insured (unless it was accidental). So after contacting some insurance...