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  1. Howdy Doody

    New Tax Ruling for Capitalising Interest

    Hi all, I just stumbled across this article in The Age about a new tax ruling for capitalising interest. Thought it might be of interest. http://www.theage.com.au/news/tax/it-shouldnt-be-nearly-as-taxing/2008/06/21/1214009160309.html
  2. Howdy Doody

    The Power of Compounding

    Hi all, I was just having a conversation with a colleague about my profit in last nights OzLotto. On a $19.80 investment I managed to make a 3.8% profit. Not bad for one nights work. However he thought it was rather dismal. So I said well if I made 3.8% every day for a year on that $19.80...
  3. Howdy Doody

    Calculating How Much Equity You Have Available

    Hi all, I'm not sure whether this is going to be of value but I thought I'd put it out there. I've developed an equity calculator that determines how much available equity you can use for investing in property or stocks. It's only a new development so I'd appreciate any feedback. You can...
  4. Howdy Doody

    Are Depreciation Schedules Always Worthwhile?

    Hi all, I was wondering whether it is always worthwhile getting a depreciation schedule on an IP or does it depend on the age/condition of the property. My IP is an older weatherboard house in pretty good condition. Is there a point where the cost of getting the schedule done is more than...
  5. Howdy Doody

    Property Manager in the Preston area

    Hi there, Can anyone recommend a good property manager in the Preston, VIC area? I'm not sure how you go about finding a "good" manager unless it's by word of mouth. Also are you able to disclose the fees they charge? A friend of mine says she has a property manager that charges below 6%...
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