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Well this is annoying (Imagine what I was really thinking) http://law.ato.gov.au/atolaw/view.htm?Docid=AID/AID2009146/00001&PiT=99991231235958 From what I read on the weekend (sorry, none from the ATO), the only entity in Qld is a head lease.

I understand that very few properties actually flooded, I just dont want the headaches associated. My comment was two fold. Firstly, I asssume that the developers are going to sell them for the amount advertised and not a cent beneath that. I have also read elsewhere that in Ipswich, for...

Thanks Euro, I have printed off your amazing piece on the weekend and it has swayed the other half to go into it in more depth. We cant apply for any more loans until I get the new tax variation done for the new IP we just rented out last month, must put that onto the To Do list. Can you...

Did someone say cash flow positive? I would like to go shopping for something that is CF+, pretty rare these days it seems. If NRAS is as good as some of you here say, then why isnt everyone queueing up to get them? Is there any thing else to consider that hasnt been discussed on this thread...