Total Members: 159,197

depreciator

  • depreciator replied to the topic find owners please in the forum Help Needed! 19 years, 3 months ago

    I think you can do an RP Data search on a single address for around $15. I haven’t looked at their site for a while, so I may have that wrong.
    Scott

    Tax Depreciation Schedules
    Australia wide service
    1300 660033
    scott@depreciator.com.au
    http://www.depreciator.com.au

  • depreciator replied to the topic HELP ME GET A TENANT PLEASE!!! in the forum Help Needed! 19 years, 3 months ago

    Do all residents in the building know there is a flat for lease?
    Maybe someone will want to move to what sounds like a nicer flat?
    Maybe someone will have a friend who wants to live in the same building as them?

    Tax Depreciation Schedules
    Australia wide service
    1300 660033
    scott@depreciator.com.au
    http://www.depreciator.com.au

  • depreciator replied to the topic Depreciator in the forum Help Needed! 19 years, 3 months ago

    Yes, it’s interesting the number of people in this business who aren’t investors. QSs in particular tend to be very cautious by nature.
    Scott

    Tax Depreciation Schedules
    Australia wide service
    1300 660033
    scott@depreciator.com.au
    http://www.depreciator.com.au

  • depreciator replied to the topic non-residential rental property depreciation in the forum General Property 19 years, 3 months ago

    1. Is this considered non-residential rental property?
    Not sure what you mean. It’s residential because people can live there.

    2. Is the depreciation period of this property 39 years? Does anyone have any examples of this kind of property? The home will be purchased for 350k, so about how much depreciation will I get per year?
    If you mean does…[Read more]

  • depreciator replied to the topic Depreciator in the forum Help Needed! 19 years, 3 months ago

    Hi Lie-ji,
    It’s up to you when you get your Schedule done. You’ll need it to complete your 05/06 tax return, so you can wait a while.
    Our biggest challenge is tenants. Most are great, but some are uncooperative. Our worst ever stood one of our QSs up 6 times I think. On one visit he was home and yelled through the door that he was going to break…[Read more]

  • depreciator replied to the topic service station good & bad in the forum Help Needed! 19 years, 3 months ago

    units4me highlighted the issue of the underground tanks. They don’t last forever. Oil companies are keen to not own them because of the potential problems. When they need to be replaced (whether through age or failure), it will be an expensive exercise. I would research this issue pretty thoroughly.
    Scott

    Tax Depreciation Schedules
    Australia wide…[Read more]

  • depreciator replied to the topic Depreciator in the forum Help Needed! 19 years, 4 months ago

    Thanks Redwing, Michael and Simon.
    Hi Billyray,
    The price would have been $715, not $750. And for members of this forum, there is a discount – down to $660 GST inc.
    We’re dearer than some, and cheaper than others. I’ve seen some cheaper reports that are not ATO compliant.
    We use Quantity Surveyors to carry out inspections and costs…[Read more]

  • depreciator replied to the topic Adult children living at home in the forum Opinionated! 19 years, 4 months ago

    There is something to be said for keeping daughters close to home as daughters are more inclined to look after their parents.
    I have 2 daughters. Whenever I changed their nappies, I asked them whether they would change mine when I’m older. They’re now so indoctrinated that the 2 year old tells people she’s going to change my nappies when I get…[Read more]

  • depreciator replied to the topic An idea for attracting tenants in the forum General Property 19 years, 4 months ago

    Yep, I had an IP that I decided to rent out to dogs and their owners. It wasn’t a flash place. There was never any damage that exceeded the bond and I made sure the PM did 4 monthly inspections. It always rented very quickly.
    Scott

    Tax Depreciation Schedules
    Australia wide service
    1300 660033
    scott@depreciator.com.au
    http://www.depreciator.com.au

  • depreciator replied to the topic Let’s Say hypothetically… in the forum Help Needed! 19 years, 4 months ago

    A renovation and a new baby happening simultaneously could end in tears.
    Scott

    Tax Depreciation Schedules
    Australia wide service
    1300 660033
    scott@depreciator.com.au
    http://www.depreciator.com.au

  • depreciator replied to the topic Dubbo in the forum Help Needed! 19 years, 4 months ago

    Dubbo is a regional hub. If I was looking to invest in a central west NSW town (which I’m not), it would be Dubbo.
    Scott

    Tax Depreciation Schedules
    Australia wide service
    1300 660033
    scott@depreciator.com.au
    http://www.depreciator.com.au

  • depreciator replied to the topic PPOR- regretful purchase in the forum Help Needed! 19 years, 4 months ago

    And please stop your husband from going out with his flashlight. It will take very little for things to get out of control – I’ve seen it happen.

    Tax Depreciation Schedules
    Australia wide service
    1300 660033
    scott@depreciator.com.au
    http://www.depreciator.com.au

  • depreciator replied to the topic Render – Color or Paint it in the forum Value Adding 19 years, 4 months ago

    Yack,
    Michael hit the nail on the head with the patching problem.
    Even from the outset you can get colour variation because the render will be mixed on site by a labourer i.e. it’s not terribly precise.
    At least this is what I have seen happen.
    Coloured floor toppings are easier to get consistent because they can in some areas (mostly metro) be…[Read more]

  • depreciator replied to the topic taking a different tactic in the forum Help Needed! 19 years, 4 months ago

    Ben,
    Megan set out the numbers well.
    If you had sold when prices peaked, it may be a valid strategy to look at buying later this year.
    Right now you’d be selling in a market where prices have come off and you’re punting on them coming off alot more to justify the changeover costs of selling one property and buying another.
    Of course, you may be…[Read more]

  • depreciator replied to the topic Cameron Bird in the forum Opinionated! 19 years, 4 months ago

    Good question. I think if I was going to take the lazy way out again and was prepared to pay someone to find a property for me (which is what we really do when we use these sort of guys) I wouldn’t hesitate to use them. They were pretty painless to deal with. Of course, other people may have had a bad experience.
    The sales pack they put together…[Read more]

  • depreciator replied to the topic chattels and clawback in the forum Help Needed! 19 years, 4 months ago

    Hi Kev,
    You’re going to have to rewrite that second question. I can’t decipher it.
    Your nickname – Geysertown – suggests that you are in NZ? If so, send me an e-mail and I’ll be able to steer you toward someone who will be able to answer your rewritten question.
    Scott

    Tax Depreciation Schedules
    Australia wide service
    1300…[Read more]

  • depreciator replied to the topic Cameron Bird in the forum Opinionated! 19 years, 4 months ago

    They’re probably not much different from many of the other groups around who are selling developer stock. They have been around for a fair while, which is a point in their favour. I have heard that they are a bit choosy about what developers they deal with. Cameron Bird would sell quite often to existing clients, so they would be careful about…[Read more]

  • depreciator replied to the topic Depreciation Schedule in the forum No Subject 19 years, 4 months ago

    Look no further.

    We’ve got 70 guys around the country and do plenty of schedules on the GC.

    Everything is co-ordinated from Head Office.

    Scott

    Tax Depreciation Schedules
    Australia wide service
    1300 660033
    scott@depreciator.com.au
    http://www.depreciator.com.au

  • depreciator replied to the topic Big Problem!!! in the forum Help Needed! 19 years, 4 months ago

    During the 28 days breathing space suggested by Steve, it would be a good idea to try and get the neighbour on-side. It won’t affect the issue at hand because now it is in the hands of the council and they need to follow process. It may, however, stop the neighbour looking for other issues to pick a fight over.

    Tax Depreciation…[Read more]

  • depreciator replied to the topic Can you help? in the forum Help Needed! 19 years, 5 months ago

    In addition to an entire newsletter on the fascinating nuances of depreciation, I think some space could be given sometime to helping people decide when to sell. Or at least helping them acknowledge that it’s okay to sell. Every client of ours I have even spoken to says: ‘I’m never selling.’ It’s sort of like a mantra and I can imagine investors…[Read more]

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