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The Buyer can sue. If you buy a purchase with a tenancy contract in place you inherit the contract. As such the Buyer is then legally bound by the Tenancy Contract. If they find out that the Tenancy Contract is false they will firstly try and sue the Property Management (who are being duped...

Fork, add legal fees into finding out if the dodgy deal is doable as well and it really isn't worth it. A number of has said that it's a fraudulent misrepresentation but I don't see Georgie paying any attention. Georgie1, go do some actual work on your property and reap the rewards of an...

Just because we haven't pointed out any laws doesn't make it legal! I think it probably is fraud. You are misrepresenting the income possible to future investors. Is it really worth is? For the 12mths you would have to declare rental income of $1000k per week to the ATO and pay tax on that...

To dodgy for me to contemplate. If your property is worth more in rent then ask for it from your next tenant. If it isn't, then it isn't. When you go to sell it, it is your choice as to the price you put on it. You could try for $30-50k more and see if anyone bites. If you did go...