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Hi there, can anyone tell me how captial gain tax is calculated in case of a separation/divorce? Take an IP: value = $440,000, owing = $280,000 (100% owned in the name of the main income for tax purposes) Divorce settlement suggests 50%/50% value when sold - so $80,000 for each...

my property manager just called me that our tenants want to break the lease (2 months to go). The reason: The dog from the next door neighbour's has apparently killed their guinea pigs, threatend the cat, got on the property and even threatend the tenants themselves. As this is a serious matter...

Hi there, I am looking into buying another investment property. I have selected two options: Option 1: Student accomodation (unit), walking distance to Uni, 46 weeks guaranteed rent, that will at least yield $120 positive cash flow per week. It's considered more a commercial property than...

hi there, i have heard that the first home owners grant of $21,000 is not only for "first home owners" but for constructions in general. That means even for investors that are interested to build/rent ? Is that true ? Where can I find further information ? Thanks Thomas

Hi there, today we got the monthly statement from our PM to see that one week rent was deducted as a kind of finders fee. Okay, I have signed the contract but this charge was not mentioned to me explicitly. Of course I didn't study it in detail so it's kind of my mistatke. However, I think...

Hi there, we have finally finished building our first IP. We got the land (1/2 acre) for a great price, put a nice house on it and tenants are waiting to get in. The process of building was slow (7 months) and we paid interest for the land and increasingly for the build from our daily life...

Hi there, I have heard that the government is offering annual incentives of up to $8,000 for each new dwelling that investors offer for rent at 20% below market. Is that true ? I can't find any further information. In case it is ...what are you thinking... I mean, if I rent our IP instead...

Hi there, we currently building an IP and the site work as finalised on 25th October 2007. By law the builder has to start within 3 weeks or so ... They did .... Fast forward to 25th April 2008 - We had a look 2 weeks agon and the house is there but, some stuff is broken, Carpet & tiles...

Hi there, We are building an IP and for that a (huge) tree has been removed. Well, not really remved but only pushed over. This compmany has left the tree at the back of the property and charged us $100. They say to completly remove ithe tree would costs us around $1000. So, I asked our...

Hi there, I have heard from a couple that the husband (higher income earner) has employed his wife to lok after their IP's. So, doing all the things IP investors have to do, but he paid her some money that of course is tax deductabile. This is of course double cool, because you save on tax...

Hi there, can some experienced investor/taxation expert explain the differences and the percentages involved. I understand that the building allowance is 2.5% but how much can I claim for plant. Is it also 2.5%? We have just build our first IP to finished soon. The block of land was $129K...

Hi there, I came across a loan company called Ratebusters (ratebusters.com.au). They have some very attractive rates and they claim to be voted as Mortgage of the year - three years in a row. To be honest, I haven't heard of them before at I am not sure if they are really that good or...

Hi there, I have seen some interesting ads for buying land in Innisfail...well, it's between Townsville and Cairns that both have predicted 10% growth ...some newspaper reports even talk about the next "Billion dollar" region. I am interested to look for our IP2 and this area sound...

We are just building our first IP and I hope it will be finished by end of Jan.'08. I was thinking if it's worth to build a patio for a backyard outdoor area as it does not have one at the moment ? It would costs a couple of thousands but I am not sure if this is money well spend. It would...

Hi there, I am very interested to buy some IP's in Germany. Well, we are Germans but Permanent Residents in Australia. I have talked to a couple of German-based lenders but it's getting tricky to get a finance from there (altough interest rates over there are around ~5.6 % (!!!) at the...

Hi there, I saw some interesting offers to invest in over 55's living complexes...these are 1 bedroom aparments $80-100K with $150 p/w rent. I have heard on a couple of occasions that expierenced investors don't invest into these retirement villages as they don't want to tie up their equity...

Hi there, can anyone recommend a good negative gearing calculator, spreadsheet, or software ? It needs to take everything into account (income per annum, rate, weeks rented, etc...) Thanks Thomas

Hi there, I have a question..we have been approached by company called siti. Apparently they offer positive cash flow positive properties ...Obviously they guarantee rent for 5 years (!!) and expenses seem to go on them ...The properties seem to be in the $400K+ range ....I am not sure...I...