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    Sunshine Coast

    Sunshine coast has allready roughly gone up 10% in the last year, some areas obviously better than others. Blocks that could be devloped etc have been snapped up real quick when they hit the market, whereas go back a year or more and they had been mostly sitting around like stale grog...
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    Gladstone QLD - How is it Going????

    Norwoodman, your correct borrowing is a problem, the banks are very very scared of negative equity. So many people I know would love to sell and have been trying to sell, but banks are not coming to the party, the valuations are coming in very conservative and the banks are running fearful of...
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    Gladstone QLD - How is it Going????

    There is more downside yet as the projects to do with gas etc that were expected to by now be substantially letting staff go have not yet made the substantial layoffs as the timeline for completion of many projects has been pushed out. The report I read earlier in the year indicated serious...
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    question re splitting of tax on Tax returns

    With an investment property, if my wife and I are both listed on the title and we are both listed on the loan agreement, then is it automatic that the tax returns must show a 50-50 split in terms of claims for losses/costs etc or can we say that its 90-10 or any other percentage. Naturally I...
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    Negative Gearing on chopping block

    Negative gearing should be an absolute right, if we are going to tax people on profits later on, its as simple as that. It is outrageous to tell an investor that they have to wear all risk, not write off costs but then later say if you do manage to make a profit then we are going to take a...
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    Is the worst now over for Gladstone...?

    Living in the Gladstone area as I do, I can see what is going on and have been observing that nothing is changing. Remember Gladstone is an area where people move to at the drop of a hat thinking they are getting work. The reality is that many companies are still gong 'under' and will continue...
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    Gladstone QLD - How is it Going????

    I was reading an article in the Gladstone Observer the other day and it was referring to how bad things are going to potentially get in the Gladstone area. Basically the article stated that there is over ten thousand (10,000) workers currently in Gladstone doing construction for Gas plans etc...
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    State of the Property Market

    The reason government agencies like hospital cost so much is the actual public. As they say, if they did not have to deal with the public everything would work well. The issue is that people want far more accountability with government agencies and accountability means more levels of...
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    Gladstone QLD - How is it Going????

    I live a little south of Calliope and am looking to rent there in the new year and I can confirm that there are many many dozens of empty new 4 bedroom houses sitting on blocks. People are desperate to rent them out and many a rent are down in the low 400's, but they can't rent them. Seeing 4...
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    negative gearing shed

    Certainly would be looking at technically renting out the land with the shed, to hopefully enable claiming the whole land/shed repayments.
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    negative gearing shed

    How do you determine its value for anything. I would imagine the person rented the shed out to would have access to the whole property as I would imagine that to claim the whole property that person would have access to the whole property. thanks
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    negative gearing shed

    Inquiry please folks, I have a 5 acre block of land that has a shed that is rentable to a handyman or anyone for that matter for storage at about 30 bucks a week. Can I claim the property as an investment property if I do this. Irrespective of whether I am planning to build on the block or...
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    Tax implications on property sub-division and onsell

    gotta keep it for 1 year at least before its sold so that you halve the capital gains tax on the profit.
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    Phillip j Anderson

    I've been reading the stuff, certainly in other parts of the world and especially in America the cycles are clear as crystal water. They are not as clear in Australia mainly because the depth of decrease in prices in larger centres is not as great as in the likes of America and naturally...
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    facing reality

    Consumables are certainly cheaper than many years ago but the main problem is the loss of spending power. On an inflation adjusted, (including taxation) basis people earn less now than they did back in the 70's and 80's
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    Selling Agent Gympie - Recommendations

    I bought through John and Margaret Cochrane of Gympie Regional Realty. Very personable people and very good themselves. A couple of their agents are, I believe less than enthusiastic agents, but that could be said about all agencies. Anyway give them a call if you like.
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    Scammed into signing over house

    In non reported studies, apparently baseball bats are the number 1 solution to such a problem.
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    Contract title issue

    Thanks folks much apprecaited
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    stamping and stamp duty payments

    A question re stamp duty payments in Queensland. I am going through commonwealth bank for loan, they advised me that they can "stamp" the required forms and pay the appropriate stamp duty at settlement just like the solicitors do. Does anyone know if this is correct or otherwise. I know...
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    Contract title issue

    Hi an inquiry please, my wife and I signed a contract etc to purchase land, all good etc, but I forgot to put my wife's second middle name on the contract. I now need to fix that problem because bank wants her second middle name on contract as the identification etc has her second middle...
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