Search results

I'm not sure how to make this question correctly. Does anyone know if I can rent the house we live in (we have a mortgage of $500k on this property) to my business company and then claim this as an investment for tax purposes. We already have a PPOR in Brisbane which would like to keep for a...

PPOR to Ip I have a similar question in relation to TAX deductibility. Situation. Cross coll loans - 2 properties. Total loans $740000 (80%) LVR 2 properties - 1 x PPOR, 1 x inv prop + LOC (deposit for new PPOR) Scenario- Sell PPOR - $650000 Owe app $100000 on...

Can anyone recommend a drafting service/draftsman in Brisbane. I have to have some plans for existing decks drawn. Thanks Speedbump

Wylie, Thanks I'll ring him Monday Speedbump

Happy New Year, I've been searching threads but still can't seem to find a land surveyor in Brisbane (from the forum) Can anyone help. Thanks Speedbump

Thanks Julia, That is the benefit of asking questions, you generally get an answer. Speedbump

In reference to 6 year rule I was under the impression that if you moved back in (for 2 years) the 6 years does not start again, however it is added on so you still have 6 years in total but over 8 year period. Speedbump

Dale, Im afraid it isn't much of a story in regard to due diligence or research as I tend to purchase on gut instinct and I don't believe in looking at 100 houses prior to buying as some suggest. I know a good deal when I see it. I do however restrict myself to areas that I have become familiar...

Dale, Thanks for the kudos ! I made an offer about $100K less than they wanted with DA approval and 4 month settlement !. I had to sell a few properties which I wasn't happy with. No-one else had made an offer after several months. We will keep it for 12 months and will most likely move up...

If anyone has any ideas on this. We bought a block on the Sunshine Coast near the beach ( 1220sqm) for $745,000. We are moving the boundary(is already on council plans and wasn't known by previous owners, to make 2 blocks)for about $3,500. 1 x 700 with house, 1 x 520. The house will be...

Speedbump I guess what can be said is that anyone can find a reason not to do something. I have given up talking about property investing at work or about what we are buying. All I ever get is "you'll have to pay tax" or "you've only made $20,00" or the classic "you were lucky". My sister in...

Thanks Thanks Scott, I will contact you. I have not claimed depreciation for at least 4 years. I 'm just slack ! I expect a big discount !

Not an AD A little bit presumptious I think!. I'm not asociated with them at all. So get off your box. It was a legitimate question . I am actually thinking of contacting you guys. I have several properties.

Sunshine coast accountant Dale Beaumont's book Secrets of property millionaires mentions Dymphna BOLT on the Sunshine Coast. Her contact is her PA Yvette Adams 07 54937899. They specialise in property and structures. We haven't started with them yet but we are arranging an interview. We are at...

Do it yourself Schedules I downloaded some schedules from a site recently that allows you to complete a list of items and fax to company who then complete the schedule. The cost was about $250. Anyone have any input on this ?