Hi All,
Just hoping for some comments on the situation I've found myself in.
Purchased my First IP end in September last year. Been rented since then and last week I moved in. Activated Electricity etc, and also remembered Rates which I question myself on and why I haven't received them since owning the property (I'm extremely busy)
So I called the Brisbane City Council querying what the status was and they informed me I owe a bunch of money ($811) which is now being charged art 11% interest.
Rates was last paid on 14th July 07. So I have 2 quarters owing plus the one that's about to be sent to me. Obviously all my bills (including any Mortgage letters!) went to the Tenants which they didn't forward on to anyone (PM/Post Office).
It would have been known through the purchase that although it was PPOR the existing tenants wouldn't be out until early 08.
So who ****ed up? My Solicitor, Property Manager or REA?
I'm not too fussed about the money, obviously it's mine to pay. I'm more annoyed now I'm being charged late fee's and interest. I'm also annoyed that all my Mortgages papers (including a netbanking password reset!) would have been sent to my tenants. So I can only assume they don't have all my information. (identity theft anyone -- but maybe working in IT Security makes me too critical)
PS. Obviously Rates are Deductible while it's an IP. Isn't it silly I'm paying for Tenants water usage?
Just hoping for some comments on the situation I've found myself in.
Purchased my First IP end in September last year. Been rented since then and last week I moved in. Activated Electricity etc, and also remembered Rates which I question myself on and why I haven't received them since owning the property (I'm extremely busy)
So I called the Brisbane City Council querying what the status was and they informed me I owe a bunch of money ($811) which is now being charged art 11% interest.
Rates was last paid on 14th July 07. So I have 2 quarters owing plus the one that's about to be sent to me. Obviously all my bills (including any Mortgage letters!) went to the Tenants which they didn't forward on to anyone (PM/Post Office).
It would have been known through the purchase that although it was PPOR the existing tenants wouldn't be out until early 08.
So who ****ed up? My Solicitor, Property Manager or REA?
I'm not too fussed about the money, obviously it's mine to pay. I'm more annoyed now I'm being charged late fee's and interest. I'm also annoyed that all my Mortgages papers (including a netbanking password reset!) would have been sent to my tenants. So I can only assume they don't have all my information. (identity theft anyone -- but maybe working in IT Security makes me too critical)
PS. Obviously Rates are Deductible while it's an IP. Isn't it silly I'm paying for Tenants water usage?