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Hi All, I posted this thread on another forum so if you're a nerd it might look familiar.... I'm pretty much a set it and forget it kind of guy. My pay goes in, I direct debit all my expenses and I try and make sure that the balance at the end of the month is greater that at the start...

Hi guys, I want to put an offer in on a house which I really like (it's for a PPOR) but I am concerned a little about some vertical cracking in the brickwork. It probably isn't a great deal and the building report describes the crack attached at Cat 2 slight as per AS2870, and not...

I know most forumites have an opinion on BIS Shrapnel forecasts - ie they tend to throw them away - but here's a report from today's smh predicting 9.8% interest rates? enjoy the reading. Chris.

Hi Good Folks, I have created a spreadsheet this afternoon - one because I'm about to sell a recent purchase for a loss and I wanted to analyse the opportunity cost of my decision, and two because I'm a little bored. Now, after doing the analysis more thoroughly, it would appear to me that...

How's this for a hypothetical. OK, it's my situation... I have the following properties. PPOR - worth $280 owe $150 IP1 - worth $235 owe $135 + $50 (for IP3) - rent $240 IP2 - worth $245 owe $165 + $20 (for IP3) - rent $250 IP3 bought earlier in the year into a hybrid trust worth...

Hi Folks, what happens if you shut a trust down when it is still quarantining losses? Can the loss be distributed? Cheers, Chris.

Tax Office to target property investors 4 out of 5 investors understating income? This article also mentions the split loan decision from this thread yesterday. Chris.

Hi Folks, Just an FYI - I think it's good to see prices receding now, at a slower rate. http://smh.com.au/articles/2004/05/26/1085461837869.html Enjoy your day (all 12 degrees of it for the Canberran forumites!) Chris.

Housing Reels from loan slump To me the article says that propertie is coming off the boil, not that the bum is about to fall out of it all as the headlines may suggest. Enjoy. Chris,

Hi Folks, I'm about to exchange on a property in the following scenario: 1. Trust has title 2. I have the loan for 100% + costs to buy the units (drew on equity elsewhere) I have to present at the solicitors tomorrow with a deposit. For some reason, they were happy to exchange on $1k...

This article from the SMH, this morning. What are your thoughts on this? Cheers, Chris.

Hi Folks, it's been a while since I've posted here, but I have been watching quite closely since that time. With the help of Dale I set up a hybrid trust with a company trustee. The property I was going to buy at the time never came to fruition, alas... I am looking to buy a property...

I have an unit in Palmerston, ACT, a 2br DLUG which the previous tenant gave notice on at the start of July. They moved out on 19 July-ish (I probably should pay more attention to these things), but as of today, my property manager is assessing the single application which has been submitted...

I was searching through my papers and came across an original group certificate from 97-98. This means I did not do a return for that year. I got a tax pack from the tax office, and am going to submit. But this was a year which I was made redundant. So, my certificate has a bunch of...

If your PPOR is held by a hybrid trust (along with another investment property), and you have bought units in the trust, can your interest payments be tax deductible if market rent is being paid the trust? Does the answer to this question differ if: a) the units are secured against the...

From a thread in the accounting part of the forum... In a strata development, part of the fees are for public liability insurance, and for building insurance. Would this mean that landlord's insurance would not be necessary. I would suspect that the public liability would only cover the...

I spoke to my accountant last night and she said that in my situation (PPOR and 2 IPs), a trust would not be useful at all. A financial advisor I had contact with briefly yesterday also shared the same opinion. What I had in mind was to move from my PPOR into another, and retain the original...

I am in a quandry. And this is my first post. I must say that the information given here appears to be given freely and looks to be useful. That being said, I consider myself a little naive when it comes to tax and structuring debt. I also understand that I value information at exactly the price...