Thanks for your help Paul – I wish to really exit the property altogether so not sure an IC is the way to go for me.

I don’t have a current listing at the moment – I have only just resigned a 6 month lease with new tenants and will need to wait out the 2 month waiting period before listing it again. In that time I want to have everything ready…[Read more]

Both my wife and wish to start a family and do some renovations to our PPR.

We have been trying to selling the property for over 12 months now through 2 agents.

So looking for maybe a different approach. Even though with this market we may need to take a loss with the property.

Hey,I too have an IP on the Gold Coast and had to submit the forms your talking about.  I would definatly agree with Marg in that "it never pays to lie to authorities, they have a knack of finding out and the penalties usually far exceed any monies saved".  And besides the little extra you will pay is tax deductable anyway.  Cheers

I have filled out the registration several times but I can't get it to work The registration works but no email is sent to me….Any Ideas?? 

I pay 7.5% + GST for my property on the Gold Coast.

Thanks Battleships!I didn't have the knowledge I have now and when I got the loan for the IP I requested to use equity in my PPOR for deposit on the IP.  I was discouraged my the Bank Manager and Stupid me listened to the Bank Managers Advise, "you don't need to do that just borrow 100%", and I ended up having to pay mortgage insurance (which I…[Read more]

Anyone? Please?