Adrian replied to the topic WHAT CAN I CLAIM (TAX) ON WHEN DOING RENOS PRIOR TO SETTLEMENT? in the forum Help Needed! 9 years, 11 months ago
Did you use a particular special condition, to cover yourself, if the owner dies?
Adrian replied to the topic WHAT CAN I CLAIM (TAX) ON WHEN DOING RENOS PRIOR TO SETTLEMENT? in the forum Help Needed! 9 years, 11 months ago
Great, Thanks Wilko, AV
Adrian replied to the topic WHAT CAN I CLAIM (TAX) ON WHEN DOING RENOS PRIOR TO SETTLEMENT? in the forum Help Needed! 9 years, 11 months ago
Fair points…
FInancially, I am comfortable….
I am only really concerned if the owner dies..
She is an elderly Lady, and no one has lived in the home for sometime. She lives 400kms away.
I will be paying rent, $100 p/w during settlement, so I can take “possesion”
Thanks for your input!!!
Adrian started the topic WHAT CAN I CLAIM (TAX) ON WHEN DOING RENOS PRIOR TO SETTLEMENT? in the forum Help Needed! 9 years, 11 months ago
Hi,
I have just bought an IP.
I have permission to reno prior to settlement ( floors, paint, landscaping and new kitchen)… which means I have to pay home insurance and reno costs before settlement.
What can I claim during this period?
Also, can I claim Pest and Building inspections?
Cheers
Adrian
Adrian started the topic HELP – Where would you invest NSW in the forum Help Needed! 10 years, 2 months ago
Hi All,
I am looking at buying an IP in NSW. My budget is 350k
Like everyone, I want strong return and capital growth. I don’t plan to sell it for atleast 10yrs… (if ever)
I am interested in hearing where you wold purchase if you were me… and why?
Cheers
Adrian
Adrian replied to the topic HELP WITH A LOAN FOR IP. in the forum Help Needed! 10 years, 2 months ago
Hi Both, Thanks for your input… both makes sence!
Cheers
Adrian
Adrian started the topic HELP WITH A LOAN FOR IP. in the forum Help Needed! 10 years, 2 months ago
Hi All,
I would like your thoughts on my situation.
I am looking to buy another investment property.
Current Situation – own home outright. Have one IP. Value $460,000, redraw $121,000. current repayments $808p/m.
What should I do, to make my portfolio more tax effictive?
Use $121k and buy another property? Leave $121k and borrow 100%? or…[Read more]
Adrian became a registered member 10 years, 2 months ago