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Thanks for this information I will pass it on. Could not agree with you more. She has been taking freebees for years now and I think it has finally caught up with her. Paying HECS, she will not be paying a cent, just finished a course $12K, one of many, she knows what she can do to get...

Thanks Sanj and Mrd I agree totally silly What happened to the proceeds, she purchased another property and borrowed I think $120K, she was lucky to get because she had no income so I guess she got the loan because of the rental income.

Hi All I had a phone call from a friend this morning and I don't know the answer, perhaps someone here does? In 2001 she purchased a property for $145K, sold it last year for $375K. During this period she rented this out and as her income was below xxx she did not lodge tax returns. She...