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I've had some structural issues with my IP recently as per some previous posts. The property is just within it's structural warranty period. So it turns out that the structural problems were probably mostly due to a storm water blockage on council's side. However, since finding this the...

Hi Scott, what you suggested I do with the hose is pretty much what the plumber explained he did. Not easy for me to test myself as I live interstate. When I contacted the council first time they said they couldn't do anything as their records showed no storm water drains in the street or some...

Update: builder's plumber claims there is a storm water blockage on council's side and that is the cause of the problems and I need to make council fix it before they will have any further involvement. (they haven't done any work yet, down pipes have not been reattached) I don't like my...

Thanks for your reply, so you are suggesting that the fact we allowed them access to the property to perform necessary works (but not a solution), implies that we accepted the works as a final solution? I am worried about the consequences of not filling the gaps or re-aligning the downpipes...

Wow... so I mention to builder that I am not satisfied with their suggested approach of leaving the property for 12 months to "wait and see". I politely mention VCAT and they are now saying that they will not even fill the cracks or realign the downpipes unless I drop the possibility of VCAT...

So I have had an independent building inspector inspect the property. They say that basically there is a serious problem and that (their words): The slab will require levelling by either underpinning or lifting by the injection of epoxy resins. The storm water drains will need to be...

Thanks for your post. Inside there is a lot of cracking for a property of it's age although none of the cracks are really wide and not "scary" as the outside cracking is and could just be "really bad luck". The internal cracks include a number of very long cracks eg crack running horizontally...

Thanks for everyone who has offered advice. Got the verdict from the builder today. They are willing to "fix" the downpipes so that they match up with the relocated drain again. They will also put some kind of filler into the large gap between the concrete and house to prevent more water...

Thanks for your reply Pa1nter. I have all the original documentation from the builder but cannot find anything that indicates whether or not the house had a "waffle pod". If the house was built with such a thing, that was likely to cause not only severe cracking of surrounding concrete/paths...

Oh CRAP. Seems I am affected by a problem which has occurred in many many homes in Melbourne's west. I am totally screwed with this property. http://somersoft.com/forums/showthread.php?t=76132&referrerid=0 I have found many other links about this including an "a current affair" video and...

Property is in VIC (not the same state I live in)

Tools, you misunderstand me. Of course the house is habitable at this time. What I am concerned about is if major works are required to rectify the structural issues, that results in very serious inconvenience to a tenant such that we are unable to lease the property or the tenant leaves...

Thanks for your reply. I have notified the builder of the problems via email and have asked for a written acknowledgement of this. I am going to get independent advice from a building inspector and will certainly make official complaints if the builder does not comply with what the...

thanks scott that is helpful.

Thanks for your reply Scott. The post timber wouldn't concern me that much except for the fact that all the posts are badly cracked combined with the concrete cracking significantly at the base of each post. The posts are on the porch at the front of the house, this work and the concrete there...

These photos are of my 6 year old IP. It's interstate so I haven't seen it much. Up until a few days ago the only issues that have been reported to me have been thin cracks in gyprock/cornice that didn't seem to be anything abnormal. Only other major issue I've had was with the garage...

Hi Gary, The accountant advised that in this situation (ie, I already own the property, and am refinancing purely to remove my husbands name from the joint loan), I would retain full tax deductibility providing I did not borrow extra funds, if I borrowed more than the original amount then the...

Well, I had a good day today. Saw an accountant and was happy with his knowledge and explanations. He agrees that we should be able to maintain full tax deductibility of our loans. The obvious exception (which I knew would be the case) would be if I refinanced one of the IPs that I own...

No, I am not increasing the borrowings. My partner simply does not want to have liability for the loan for the next 25 years, fair enough. The new loan shall be for exactly the same amount as the old loan, only the loan will be in my name instead of both.

Thanks for peoples replies, I am going to do some reading of ATO rulings to get an idea before I see an accountant. Just to clarify Gary, we do intend to transfer two rental properties from my name only to his name only. Further, two other rental properties that are in my name only are to...