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Quick question..... I have a property in QLD with a 12 month tennancy aggreement in place and may want to sell it. With regards to this aggreement what are the considerations invloved in selling this property? Tennants still have 10 months to run on contract. Cheers M

Hi all How much does it cost to paint the exterior of an average size 3 bedroom Qlander weatherboard house? There are some high areas at the back due to sloping block. Any recomendations for painters in Brisbane? And more relevantly to this forum would this add value to the property...

Hi, I have a question regarding converting an old PPOR that my wife and I have 50/50 ownership in. This property has been an IP tenanted now for 7 months ($500pw). We considered selling it to fund the purchase of a new PPOR but interest has been low. The house is in Queensland and is...

Hi all, I used my FHOG option in buying our first house 5 years ago. My wife and I are/were (selling soon) 50/50 owners. At the time my wife was not a citizen but now is (dont know if relevent or not). She has a question now that we are looking to buy a new PPOR. Can she claim the FHOG...

Hi all, I have a situation that I would like some input on. I converted a PPOR to an IP last year when I relocated interstate due to work. Have been renting in new location. So now have 3 IPs. But decided we love the new locale and want to buy. But in order to raise deposit to purchase...

Hi all, We have recently moved interstate out of our PPOR in Ashgrove QLD, and have placed tenants in there, thus converting to IP. For future CGT purposes I feel I should get a valuation done on the property. I have owned it for 4 years and market value for the suburb has performed well in...

Hi all, I have decided yo move out of my PPOR for a couple of years and rent it out (due to a temporary interstate work move). The place needs some work to get it ready for tennants. Not that I live in a house of disrepair but when I look around there is a list almost as long as my arm. These...

Discussion on another thread concerning paying off PPOR got me thinking what would I do with a significant monthly payrise. Lets say hypothetically somewhere in the region of $2-3k per month after tax. What would you do with the proceeds of this permanent cash increase, or the borrowing power...

Probably another stamp duty question..... My PPOR is in both mine and my wifes names (50/50). As indicated on another thread we are relocating to Sydney due to my work and will be converting the PPOR to an IP. My salary is considerably higher than my wifes and therefore we see the real tax...

Hi Just wondering if anyone has the latest information on Stamp Duty rates for property purchases in Queensland (SEQ)? Just wondering about the differences between Owner Occupier, IP resident lease, and IP holiday let. Also what are the qualifying periods for owner occupier status? As...

Hi I was enjoying the debate on the Million Dollar appartments question that Sunfish put forward and wanted to ask further on it but it seemed the thread turned into some sort of slanging match about other stuff - interesting albeit, but off the track a little. I know a retired couple (or 6...

Hi all, Quick question. Been in my PPOR in Bris for 2 and a half years and will be moving to Sydney in around 6 months due to work transfer. I plan to rent in Sydney and hold on to the house in Brisbane and rent it out as an IP. Can I claim tax deductions from the date it is available for...

Hi all, Water situation seems to be getting worse! I have been putting off putting in a rainwater tank for some time now but have decided to go ahead with this. The cost is around $3.5k (4500litre colourbond steel tank, ground prep, small retaining walls, pumps, taps, and diverter, etc)...

Hiya all, Possibility of a change in base at work later in the year. I am currently living in Brisbane and love it. There is a chance for a promotion at work towards the end of the year that would require me to take up a Melbourne base. No move - no promotion. My family is established...

Looking at the next IP acquisition and am trying to decide whether to buy a unit or house and land. I know the house and land will appreciate more in value in the years to come however the budget at this stage will allow only purchase of a modest and older house further out as opposed to a new...

My wife and I are living in an old Queenslander in Ashgrove (Bardon boarder). We bought the property for a bargin 2 years ago and have realised significant CG since then, which we have used to fund an IP investment. The original plan was to pick off improvement project by project as we can...

Hi all Have enjoyed reading the thread on 1mil equity in 3 years and it has prompted thoughts and motivation to look for the next investment. Have to ask - When do you know when to buy your next IP? How do you counter impatience? For Example - I bought my PPOR in Jan 2005, used the...

Hi I recently tried to refinance my P&I fixed interest PPOR homeloan when purchasing my first IP. I wanted to restructure the loan by taking a chunk off the top of it (25 - 30%) and setting up a Line of Credit, leave the remaining as P&I, whilst taking an interest only loan for the IP. I...