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Hi Folks, I was trying to find a thread that would inform us of the panel of valuers that are used by CBA, ANZ, WBC, but I could not seem to find it. Sorry if I pose the question again: which are the major valuers for these 3 banks? Thank you kindly, TPM

Hi, With the reformed RGZ, GRZ, NGZ, etc zones, there are also GRZ1, GRZ2, GRZ3 "sub-zones", I have these questions: 1. What is the difference between the Z1 or Z2 or Z3? 2. Do the "sub-zone" have an impact on what can be built (eg, townhouse vs apartment)? or the number of levels (2 vs...

Hi, I am planning to demolish an existing house in McKinnon (Victoria) and build 3 townhouses on the land of 670m2. I have done a development feasibility based on quotes from an architect. As I am unfamiliar with costs in Melb, I am posting the spreadsheet here for comments from experienced...

Hi folks, I need to vary one of my Investment loan quite quickly. After submitting the variation application loan with a Lending manager at a branch in the Northern suburbs of Brisbane, I never got any response from anyone at the branch or the bank's loan processing center. I tried to call...

Hi Folks, The 1st floor balcony on top of the garage is leaking. A tiler investigated and reported that the grout between the balcony floor tiles were cracked, allowing water to seep through to wooden boards underneath the tiles. The shonky builders did not put a waterproof sheet under the...

Hi Folks, I live in a Queenslander that has the bottom level enclosed. But the bottom level is not at legal height. Both the top and bottom level have its own bathroom and kitchen. So basically, I have a self-contained top and bottom unit in this house. I am considering raising the house...

Hi folks, My house in a north Brisbane suburb, has a swimming pool. It has been a bit of a hassle to maintain. It has been leaking, the water is green with algae despite the fact we filter it daily, and the chlorine & other chemicals is a cost that we don't neccessarily want to incur. It is...

Hi, I have read up on how a HDT works in theory but I am trying to understand how it really works in practice. So I have created a scenario below to help me understand the issuing of Special Income Units, and what Capital is in a HDT. A HDT was set up on July 2008, with a Corporate...

Hi Folks, In light of the final Tax Determination on HDT (TD 2009/17), those people who have a MGS Trust deed prior to 2007, have their trust deed been reviewed by accountant or lawyer to determine whether their interest deductions are fully tax deductible? Cheers, P.M

Hi Folks, In light of the ATO final ruling on Hybrid Discretionary Trusts, I am looking for a tax lawyer who is familiar with HDTs to review my MGS HDT deed for tax deduction eligibility. Please PM me if you know of a tax lawyer in Brisbane. Much appreciated. Kind regards P.M

Hi, We ripped up the carpet on the ground floor of our Queenslander and discovered that the floor is partially tiled and partially concreted. The previous owner laid 5cm square tiles in the living area, and left the study area untiled, thus showing the bare grey concrete. We intend to lift...

Hi, After waiting for the entire morning for 2 separate concreters to come to give me a quote on building a retaining wall and a path along the side of the house, I am giving up on looking up tradies in the yellow pages. Does anybody know of reliable concreters in North Brisbane (near...

Hi Folks, I am looking for a good painter to paint the whole Exterior weatherboard house in Port Melbourne. It will be a big job. Does anyone have a recommendation of a good painter? Many thanks, Tracy

Hi Folks, I am looking for a good Local property manager in Port Melbourne and Richmond. Does anyone has a recommendation? Please PM me if you like. Many thanks, Tracey

Hi Folks, In the 2007 Financal Year, I have incurred costs in purchasing the trust deed for our Hybrid Discretionary Trust (HDT), and also incurred stamp duty on the Trust deed. Properties were purchased in the name of the HDT in 2008 Financial Year. I have called up the Tax Office to...

Hi folks, Our jointly owned PPOR has became an IP in April when we moved out. It is rented currently, and since we have been paying off the loan when it was a PPOR, the LVR now stands at about 46%. I would like to see if we can get a better LVR by my husband buying my share of the IP. Below...

Hi Folks, I have only arrived in Brisbane 4 weeks ago, and I am researching suburbs to buy as my next home. My criteria are close to a train or bus station, and good schools. I have 2 daughters (10 & 7 years old) whom I am trying to enrol them into a private girl school: 1. All Hallows in...

Hi folks, I tried to do a search on this forum for an explanation of what the "refinancing principle" is about, and I have not been able to find any. Can somebody please elaborate what this principle is about? thank you kindly, PM

Hi folks, I used my own funds to pay for the 20% deposit of the property purchased in the HDT and for the purchase costs, I took out a loan to purchase the income units that make up the 80% of the property price. eg, IP price = $500K purchase cost & stamp duty = $30K My funds = $130K...

G'day, Is the following scenario legitimate in the eyes of the ATO: I redraw from the IP loan to pay for the IP's council bill or any bills associated with any IP. ie, I am borrowing to pay for IP bills. Is the extra interest against the IP loan tax deductible? Kind regards, PM