Gotta love those keyboard buttons that sneak in extra keystrokes don’t ya?!![]
Thanks for updating us – 1% sounds a lot healthier!!
Good luck with your purchases, and with birdogging your finds.
Cheers
LisaR[]

Castle Dreamer

(You’ll never go wrong if you never go anywhere – have a go!”

I reckon that being comfortable is the best place to be – not complacent and lazy – but able to make choices. Life is very much about other things besides money – so money is not my goal – it is simply a tool to help me into a place where I can do the things I want to to help others – aid work, volunteer work. If one of my friends needed the money for something lifesaving I would not even think about giving it away.
If you strive to hold onto money it has a way of becoming a bitter pill I reckon – well that’s my sermon… I’ll stop eulogising now!!![]

Castle Dreamer

(You’ll never go wrong if you never go anywhere – have a go!”

Ha, that’s good!!!!

Castle Dreamer

(You’ll never go wrong if you never go anywhere – have a go!”

Somewhat funny, but maybe a bit tacky!!!! – anyone out there actually suffer property damage from the storms, many forumites own property in the storm areas

Besides, you forgot to mention sheepskin boots and new jandals for all of those poor Kiwis (I know, I have kiwi in me too!!) who lost their stuff!!!

Hi there,
yep – sold up half my investments and paid down the home mortgage – extended the LOC on home, and am ready to go again!!

Hi all, another question I need general advice for: If I purchase in NZ I know I do a tax return over there for the year.

When I bring the money home to NZ, does my accountant simply take the income figure for the NZ tax return and (accounting for the tax credits) add it to my Oz income?
If that is the case, then you would need better returns to get the good cash flow pre tax, as the NZ return only pits expenses against the rental income, and leaves no room to put the expenses against your personal income in Oz and give you an even better after tax position. ???? is this convoluted, but does anyone get what I am trying to ask?

Perhaps an example: can I claim the depreciation on my NZ house as a cost against my Oz Income, or is it what I asked above?

Cheers
LisaR

Hi there,

I claim dial up and broadband – no difference to my accountant.

All my claims PRIOR to the purchase of the IP have been considered capital costs because I didn’t actually have an IP to claim against. My accountant will claim these against any capital gain when I sell.

All internet access now I have two IPs is tax deductible. (Remember that to legally claim 100% of ISP access, you can’t use it for anything else)

That’s my accountant’s take any way – other thoughts that vary?[?]

LR

Hi there,
I can’t give you an agent in Ipswich itself, however I do know of a good rental manager who has just taken a job in Forest Lake, and will consider managing Ipswich property. My email is [email protected]. drop me an email to remind me and I will chase up where she got to for you.
LR

HI Marty, I have dealt with termites in four properties in Brisbane to date. I recommend Sentinel Pest Control Services over any other I have used – they have always been timely, informative, and give an excellent written report on all of their work. All of their work is guaranteed to meet the Australian Standards. Sentinel will also offer insurance on any barrier treatments that they do (barrier treatment is a chemical treatment where they drill every 20cm around your entire house and pump in a chemical barrier)
All in all a good family business where you get to deal directly with the proprietor.
I don’t normally give huge raves for many tradesmen, but these guys are decent.
Cheers
LR[]

Hi all, great to see that so many people are into property in spare time and making it work – I hope!!
I am a Paramedic in Queensland, working in the Education Centre.
Bought my first property age 20, 11 years ago, and have been playing in realestate on and off since then. Currently hold two IPs and PPOR in Brisbane. Great area to have been buying in in past 18 months – good gains all round – getting harder and harder to find the gems now though!!
LR