How do you find out the number of properties managed by an agent? I find that this information is not disclosed by the agents themselves.

No, I want to leave it as owner-occupied. I don’t want to declare the property as investment. Therefore, I’m not claiming any deductions on my tax. I’m just not sure if this is legal, leasing out the property but not declaring it as investment. I don’t get the rent.

So LOC is not an offset account, am I right?

opps, found the answer
http://www.investopedia.com/terms/q/qoq.asp
http://www.investopedia.com/terms/y/year-over-year.asp

"Drawback to renting out one room and declaring income is that room is no longer subject to an exemption for capital gains tax."Sorry, but could you briefly explain what is capital gains tax in this (house) scenario? I downloaded the ATO document but it states about shares, and not really on the housing section.