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hi, Happy new year all. I am selling my investment property, and the tenant is interested in buying, however, she has trouble getting finance, the option now is vendor finance, however, i know very little about this. Can someone offer some advice and what i need to be aware of? thanks

Hi Can anyone recommend a good sales agen in Dianella? Looking to sell a 3x2 unit. Thank you for your help in advance. BTC

hi, Just wondering what are your thoughts re selling house when its vacant or while its still occupied with furnitures. Which do you think would be more appealing to buyers and potentially fetch a better price? PS. appreciate if you can provide instruction on how to set up a poll...

hi, I was told by the NAB banker that their home loan offers interest capitalisation feature, however, now that i m fully in the NAB system, they are not allowing interest capitalisation. The banker is now brushing me off saying its a new policy. So i just wan to see if any forumite has a...

Hi, A couple of questions regarding below subject: Tax return lodgement date: 1. When is the latest date we must lodge the personal and trust tax return for 2010-11 financial year? 2. My understanding is that we can lodge by end of Jan 2012, however, can it be lodge any later? 3...

hi, I bought a property under a Family Trust, and i was the trustee when the structure was first set up a few years ago. I have since got a new accountant, who advised me to have a corporate trustee instead, so i did and created a company as trustee. However, the accountant said we do...

PM for Wellard, W.A. hi, Can anyone recommend a good PM for this pocket. cheers, BTC

happy new year. Here is a scenario. John has a Trust that owns an IP for more than a year. Sold IP with CG of 100K. A) So does Trust pay CGT for the 100K (i.e. 15K), and distribute the remainder 85K to John, does John pays tax again on the 85K? that is double taxed? B) Buy another IP...

If that makes sense :p But what i really meant is it possible to have a Family Trust to own a property that is not receiving rental/any income and not claiming any tax deduction/interest/expenses. So this property will just sit in the trust and do nothing basically. Is this acceptable by...

hi, As part of the wealth creation planning, insurance is/may be important. I have spoken to 2 insurance brokers, but they presented a complete different package and advice, one says do it in super as its cost effective, and the other said don’t as the policy definition is very poor within...

hi, Would a family trust be required to lodge tax return every year if it only has a property but its a main residence (ie. no rental income), with no home loan (ie. no interest repayment), so no income or expense to be claimed for the property. Thanks in advance. BTC

hi, We are having the final inspection next week. Any hints/traps that we should be aware of?? We been told about checking power point using a hair drier, check hot water, and all the lights/switch. Is there anything else that we should pay more attention on? First time settling, so...

Help! Final inspection newbie hi, Our finance has been approved, so we have got 3 weeks to settlement. This is our biggest purchase, and we are intending to stay in the property for a longgg time. A bit scary with the loan amount yet excited in the same time. So being our first...

hi, I bought an IP off the plan last year (offer & acceptance signed in August 07 and settled in Feb 08), and unfortunately as soon as the house was built, the recession struck and we had to sell at a loss (offer & acceptance signed in Dec 08 and settled in Feb 09). Though we made a...

Hi, I m getting confused but excited with the news (if its possible). A bit of back ground, my PPOR loan is fully paid/closed off. And we are now thinking of upgrading to a better home, but am hoping to rent out the current PPOR-1. But that means the new PPOR-2 will have a huge loan and...

Hi, I was introduced to a reputable accountant, who claims that he can set up a discretionary trust to negative gear your PPOR or IP and this strategy has been testified by ATO. I have read numerous threads on this forum regarding Trust, the benefit is for asset protection, which is why many...

Hi, I have had bad experience with poor PM, hence self manage IP. Got a tenant, and all was well, until she vacated, and we found a room heavily marked/scratched, carpets badly stained, and oil stain in garage, so we have requested to keep some of the bond for repair. But she has refused as...

hi, I reside in perth, and have a property in Adelaide that i recently put on the market for sale, the asking price is $400-420k, but I m hoping to get around 410k (I know I m being hopeful to get higher than the bottom asking range in the current market, but it’s the cheapest house in the...

Hi, Say an IP loan amount is 200k, with 100k equity readily available in the bank for withdrawal. The rates (water, council and strata fees) for this year is 4k, and the insurance is 1k. ie. total of 5k. The question is, would I be able to add the 5k onto the 200k and claim interest on...

Hi, My partner has just moved out of her PPOR and living with me. We know that during the time she lived in the PPOR, it is CGT free. Her accountant told her that for her to turn PPOR to IP (where CGT start to apply) she needs to get at least 2 valuation from a Real Estate Agent. However...