Hi Collie!
Don’t mean to eat any further into your profits but, have you included costs for –

Electricity and phone connection
Loan establishment fee
Mortgage stamp duty
Bank solicitor fee
Mortgage registration
Title registration
Search fee
Conveyancing
Council Rates
Advertising costs on selling

There’s probably another $4,000 or so there to consider….

Hi Wayne

Try a second hand building supplies place. They are bound to have one.

If you are in Brisbane you could try The Big Red Shed, or Woollongabba Demolitions, or drop around to my place, there is an old hardwood window sill sitting in my carport (window taken out as it was no longer needed where it was). It’s in good condition – lovely…[Read more]

It may be similar to something I remember from a number of years back. I saw a similar ad and called about it. The fellow sent me a bunch of information about the area – can’t remember exactly where it was – nth nsw/qld??

Anyway, he seemed like a very nice old fellow and explained that it was all his land and he just sold some off every now and…[Read more]

Wow this site is great – thanks Red!

Thanks Julia [biggrin]

Julia, and Advice – how does one ‘prove’ to the ATO that the repair was necessary, for example, that the property did indeed ‘need’ painting when it was purchased (as opposed to painting it after purchasing, when it didn’t ‘need’ it)???