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  1. strangep

    Who pays for break-in damage??

    Hi all Just a quick question about break-in damage and who should pay. I've just received an email from my PM stating that the tenant has reported an attempted break-in. The only damage was a smashed window at the front of the house. They (the PM) have apparently arranged for the window...
  2. strangep

    Refinancing to buy overseas

    Hi all Have been away for a while so hope everyone had a great Christmas and a Happy New Year's :D This is just a quick question and hopefully not too tricky.... I have a couple of friends who are living over here in London and wish to refinance their Australian properties to buy here...
  3. strangep

    REIQ Essential Terms and Conditions

    Hi everyone I've recently purchased an IP in the inner southern suburbs of Brisbane. It's almost ready to be let and I've been interviewing potential property managers in order to find the best deal. In the negotiations I've asked to include a number of special conditions under Section M...
  4. strangep

    Sealing gaps between floorboards

    Hi renovators Just a quick question about sealing gaps between floorboards... We're looking to polish some timber floors in our PPOR and on lifting the carpet have found that there are approx. 2mm gaps between the boards. As it gets quite drafty in London during the winter we'd like to...
  5. strangep

    Site surveys

    Hi Just a quick question regarding identification surveys. We're in the process of purchasing our first IP and have been asked by the conveyancer to confirm that the land outlined under the contract is in fact the property that we inspected. Also, we've been asked to satisfy ourselves...
  6. strangep

    Depreciation on pre '85 buildings

    Hi all Has anyone had any experience with claiming depreciation on pre '85 buildings. We're in the process of buying a post war house in Brisbane and there are a few items I think we should be able to claim on as there have been some recent renovations. Things like... newish rear deck...
  7. strangep

    Transferring assets into trust

    Hi all I'm currently in the process of buying my first IP, (fingers crossed :D ). We've set up a trust with a corporate trustee to hold the property. At the end of the day the property will have a small negative cash flow. We have a couple of other investments that produce an income...
  8. strangep

    PM servicing Holland Park area??

    Hi everyone Can anybody recommend a PM servicing the Holland Park area in Brisbane?? Any feedback at all will be greatly appreciated. Thanks Paul
  9. strangep

    Wording of trust deed

    Hi everyone Not sure if this is in the correct forum but I suppose it will be moved if its not so here goes... I'm just trying to get a feel for the wording of a trust deed for a hybrid discretionary trust. Is it normally ok to use a standard deed eg. like the one available on Chris...
  10. strangep

    Corporate beneficiaries

    Hi everyone Can anyone see any wisdom (or not) in nominating our IT consultancy company as a corporate beneficiary of our trust? My thinking behind this would be to access the 30% company tax rate. Income could be distributed to the company and tax paid at the 30% rate, the remainder...
  11. strangep

    Glossary of property and investment terms

    Hi everyone Is anyone out there aware of a book or website containing a comprehensive dictionary or glossary of property and investment related terms?? As a newbie (or should that be...dillby:D), I know that sort of thing would be of great benefit to other newbies and even experienced...
  12. strangep

    corporate trustees

    Hi there Say I have a corporate trustee to oversee my trust and my wife and I are directors, does anyone know of a requirement for at least one of the directors to be resident in Australia?? ......could cause a few problems with the missus......may even end up needing a divorce lawyer...
  13. strangep

    Dale GG in Canberra

    Hi everyone Just wanted to let you know that Dale has agreed to do a meeting in Canberra sometime between the 29th of March and the 5th April. Could any of you who might be interested in coming along please send through your preferences for a date and if anyone has any ideas on a venue...
  14. strangep

    Investing from the UK

    My wife and I are Australians currently living and working in the UK and are looking to start investing in residential property back home in Australia in the very near future. We have discussed our situation with our accountants over here and know the requirements for getting money out of the...
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