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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 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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    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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    unlocking land equity through rezoning

    I am negotiating/buying block of land for say 300 grand, it is 5 acres currently rural zoning. I believe it will be in the next few months become residential according to new town zoning plan. So for developments sake could be cut into about 20 residential blocks or more, but just use 20 for...
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