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  1. Pushka

    Lease Incentive Payment - Accounting

    Hi Folks The people here were a lifesaver a few years ago with regard to CGT so I am hoping for some similar advice with this one. We have a commercial lease for our business that expires in 2 years. The landlord wishes us to exit 12 months early and will be providing us an incentive...
  2. Pushka

    Lease memorandum when owners sell

    In the process of moving out after 12 months, during which time the original owners have sold to someone else. No new lease agreement, or memorandum has been created/renewed with new owners, so is the same agreement (eg to repaint) still valid? Also, where building works and painted have been...
  3. Pushka

    Does anyone else have a kindle?

    I have wanted one since a trip to Vietnam in May last year and an American girl was showing one to a local. That was on a Junk boat in the middle of Halong Bay. So, last month when Amazon released the International Version, I ordered one on the spot and it arrived with the first batch to...
  4. Pushka

    Steven Keen and Christmas Advice!

    Had to laugh the other night. On This Day Tonight, there he was, telling us how to achieve a stress free Christmas by shopping for bargains! Seems his foray into Real Estate Advice has ended and he is now into the really important things in life, like shopping for Christmas Bargains. Only...
  5. Pushka

    Vegemite Name - vote for Husband's suggestion!

    So, there is now an online poll for Vegemite's new name, and these are your choices! My husband entered Vegemate in the recent competition where isnack 2.0 was selected:rolleyes: but now they are doing and online poll starting at 6pm tonight and his is one of the possibilities. You can...
  6. Pushka

    Subway Question

    Hi folks What would you do in this scenario? I went into a Subway store in Adelaide on the way to pick up hubby, at around 8pm. I knew he hadnt eaten so thought I would buy him a snack. When I asked for a sub the two girls said they had no more bread to put the filling in. Fair...
  7. Pushka

    Footage of Michael Jackson's Pepsi Ad

    I had never seen the footage before, but this video shows how badly the pyro explosions in the Pepsi ad actually were, and how this must have affected his health. And it was filmed in front of 5000 people. http://www.news.com.au/adelaidenow/story/0,22606,25790630-5006343,00.html I thought...
  8. Pushka

    My nephew has swine flu! Hmm.....

    Well, yesterday my nephew was tested for swine flu (his mother is a Nurse at a large Public Hospital in SA) and he tested positive for swine flu. He is a teenager and attends one of the schools affected in SA. His symptoms - a slightly raised temperature, just feeling unwell, but nothing more...
  9. Pushka

    Sale of office we lease for Business

    Hi all After moving in a month ago into new office premises, we were told today the property is up for sale. We have signed a 1+2+2 lease; I presume new owners cant do anything to us for 12 months?
  10. Pushka

    Whose responsibility to clean exterior structural windows in apartments?

    A couple of years ago we purchased and apartment in a multi level block. Initially the developers had the Body Corporate bearing responsibility to clean the large exterior structural windows - the floor to ceiling type that can sometimes even overhang on the apartment below if their windows are...
  11. Pushka

    Body Corporate Issue

    We have an apartment on level three of a five level apartment block, which has large plate glass windows facing north. The apartments are just over a year old. In Adelaide, that means DUST! We cannot get to these windows; they will require a cherry picker to clean them, or, as someone...
  12. Pushka

    Office lease Problems

    We are about to move into new office premises, and the lease was signed with the undertaking that the owners would put a door on the toilet :eek: and also finish off the verandah floor outside (currently waiting for a concrete floor and tiling). Also, we signed off that our power would be...
  13. Pushka

    Loan payout on selling IP? CGT Loss or deduction?

    Hi all If we sell an IP and payout a fixed loan early, with the exit cost of this possibly around $40,000; is this amount tax deductible in the same financial year (and therefore almost palatable) or does it come into the CGT calculation (less palatable as we may make a loss anyway)
  14. Pushka

    Body Corporate and GST on Council rates

    We have received a bill from our Body Corporate which, this year has decided that they will pay our Council rates and we then reimburse the Body Corporate. In doing it this way, the Body Corporate has now charged GST on the amounts it collects. But can they actually collect GST on Council...
  15. Pushka

    A horror share story

    Those of you who enter into share forums may already be aware of this horror story, but for those of you who dont, I am reeling from the financial implications (total bankruptcy in fact) of this for people who have unwittingly purchased into this share arrangement. Thinking of course they were...
  16. Pushka

    So, before I refinance my IP loan....

    Can someone confirm for me please: Refinancing does not change the tax deductability of the loan? (our PPOR is the security) Offset arrangements do not change the tax deductability? Costs involved in early discharge of the loan can be deducted in the same financial year? Um...
  17. Pushka

    The heavens are smiling....

    Did people remember to check the alignment of the moon, Venus and Jupiter? A smiley face in the western sky.
  18. Pushka

    Momentous Moments in the world....

    The victory of Obama and his Victory speech will be 'one of those moments' in time that everyone here will remember. So what else have people experienced here that will be remembered as 'one of those moments'. Lets go on a memory walk (Not including personal stuff like marriages and the like!)...
  19. Pushka

    Land Valuation Objection upheld - SA

    YeeHa! I objected to 2 Land Valuations this year and both were upheld! Not that I want the value of the Investments to be reduced, but the values placed on them were just plain revenue raising (for Land Tax, Water rates, ESL rates and Council rates) and way over the top. One of them...
  20. Pushka

    Challenger Mortgage

    Our Investment mortgages are with Challenger, one of the funds that has now sealed Investors from withdrawing their funds. I feel very sorry for those people who might now be very worried, but at the same time we hold their money and dont plan to exit. Just interested in the implications of...
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