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Hi all, I am glad I can go through the deal without the agent. I have written directly to the tenant so hopefully they will be in contact soon to negotiate a deal. My conveyancer has also confirmed the managing agent does not need to be involved. The deposit will be held in a trust account...

Hi all, I am seeking advise from forum members who have sold IP directly to their tenants. My tenants have expressed interest to buy my IP. This IP is managed by a reputable property manager who is refusing to pass on my tenant's offer to me unless I sign a sales agreement with them. The...

All, My property manager phoned today with the news that a new legislation is now in place in NSW - Tenants are now responsible for 100% of their water usage effective 1 July 05. :D Is this true ?? Can anyone find any text to back this up ? I have searched the department of fair...

Hi everyone, Thank you for your input and interest in my post. Yes ... sea_change, Wouldn't it be perfect if the creek running through Wyong and Yarramalong is as nice as Sydney's waterfront. Although some of the properties at Yarramalong have creek frontage and back onto the State...

Kenneth koh sg Thanks for your ideas! I will take DaleGG and your advise to bring my tax deductions forward to this FY. This will be in the form of pre-paying my next year's interest bills for my Loan. I have $1MIL in bank loans which is split into 80% variable and 20% fixed rate loans...

DaleGG and Mry Thanks for correcting my Cap Gain Calculation Error. Looks like I am up for a a huge tax bill this FY, based on a cap gain of $67,000 on top of my salary This situation is much worst than I had orignally thought :eek: :eek: I am ignorant of how trusts work and not sure...

Hi everyone, I've invested in the Central Coast (Ettalong Beach) a few years back and have made subtstantial profits. House prices have dropped and on the downward trend in Ettalong. Not sure if the new Resort development opposite the Beach is picking up the market or not. I am...

Hi everyone, I would appreciate your collective advise on a CGT matter and options available to offset CGT. Sold Property in Dec 04 Assessable Capital Gain = $84,500 for 04-05 ... (A) (Have held asset over 12 months and applied the 50% assessable Cap Gain Rule) Sold Management Share...

All, I'd like to gauge forum member's opinion on the growth potential of Rozelle. Rozelle is an innter west suburb of NSW and is about 3km from the CBD of Sydney. I am investing in a 2 br semi in Rozelle which goes for around $520k (with a 177m2 block of land). This is a tiny block of...

G'day all, I am looking at investing in NSW inner west suburbs of Drummoyne, Balmain abd Rozelle areas and would really appreciate a recommendation from forum members for the following: 1) an independant valuer 2) building and pest inspector I would need to do arm myself with as much...