Hi,I purchased through the Investors Club and have been nothing short of delighted with my purchase.  I purchased a townhouse 2 years ago at $232,000.  One of the same designed townhouses in the complex just sold for $298,000 2 doors down.  Just ensure you do your due diligence when purchasing.  They are fantastic for people who have little ide…[Read more]

I bought my first property through the Investors Club. (The following thoughts are mine alone and please don’t think I am any expert because I am clearly not. This is just my experience)

If I didn’t have their help I would have still been procrastinating and sitting around wondering if I will ever get into investing. They are great if you don’t…[Read more]

Thanx for that Devilc8.

That is totally awesome. Can’t beleive how cool that is. I can even just make out my car in my driveway [cap]

Dazzling wrote:
“3. All ressy tenants want everything for nothing.
4. The RTA is not your friend.
5. Non-ressy tenants don’t whinge as much.”

Sorry for my ignorance, But what is a ressy tenant? [saywhat]

Cheesy

What I did was pay the bill. I can still claim it on tax deductions but not until next year. So it really doesn’t matter when you pay it as you can still claim it on next years tax return. (That is what I have been told by my accountant).

Shane

I’m in the same predicament at the moment. I have been told by an accountant that even if you pay the bill this Financial year, but your property doesn’t settle until after June 30 you can claim it on next financial years tax return. As it is still a deductable cost on your property even though you have paid it before the new financial year.