Peter Tracey.

I think the company is called Brian Tracey and co.

They’ve an accountant/planner in Penrith.

Thanks Redwing.
Dan, happy to have a chat at any time – 1300 660033. Adding to the existing answers:
1. To qualify for building depreciation, construction on the building needs to have commenced after July 18, 1985. Buildings constructed between that date and September 15, 1987, depreciate at 4%. After that, it’s 2.5%. renovations carried out…[Read more]

Fat Tony,
My accountant is at Edgecliff – right above the station. His name is Peter Lang and the company is PLA Management. They’re accountants, not planners, though they would do some planning. I have a preference for property. I run ideas past them and they advise me on structure. They have a good understanding of property – they use us to do…[Read more]

I noticed something interesting during the boom. Agents were making so much money in sales commissions they were selling off their pesky rent roles. I wonder how those agents are going now? Smart agents look after their rent role as it pays the bills during sales downturns.

Our usual price is $715 GST inc. For Forum Members, it’s $660.
Yep, there are cheaper ones. I see them all time. Many of them don’t comply with the latest ATO rules.
We have that guarantee Derek mentioned, too.
scott@depreciator.com.au

You said:

“We thought about bringing in accountants/financial planners etc. The problem is them bringing their agenda.”

Agreed, but they would also bring their clients. There’s no point having a seminar with great content if nobody comes. Advertising is expensive. You’ll no doubt promote the seminar through your data base. An accountant would…[Read more]

Sounds like an urban myth, Antoinette. The state govt in NSW would be paralised without the income from stamp duty. Of course, there is some relief for first home buyers.

I recall hearing their management fees are around 16%.

I was renting out a flat in a house I owned once. It was an old house that had been owned previously by a doctor. The flat was where his surgery had been. A lady came round to look at the flat one night. We were standing in the living room and she said: ‘I really like the flat, but it’s too crowded.’ In response to my quizzical look, she said:…[Read more]

Redwing is right about guest speakers. If it’s just you, they’ll know the only purpose of the night is for you to flog property. If you have other people along, then it becomes an ‘information night’. If people are getting value, they will be more inclined to listen to a sales pitch.
We’ve been invited along to quite a few of these nights. Often…[Read more]

Kay,
I’ve got a house of girls and I’m determined to find the inner tom boy that must be lurking inside one of them. I took my 2 year old to the fish market last week and she looked at the fish lying there and whispered: ‘Fish sleeping?’. So she may not be the one.
Calvin,
I’ve always wanted to fish the ‘other side’. The brother of a friend of…[Read more]

Well I’m selling a +cf property next month (A block of 4 flats in country NSW) so I can use the equity to buy a fishing boat. And boats lose value very quickly. How’s that for a silly investment decision.
Scott

Hi Dingles,
We do Depreciation Schedules in that area (we do them in most areas, for that matter). There may be a travel fee for Bendigo which I’ll need to confirm.
Give me a call when you have a minute.
Scott – 1300 660033

Depending on the property and the sort of information you can provide on the building and assets (we have a format), it is possible to do these without a visit. And they cost less! We did one this week for a forum member with a house in Alice Springs.
I’m off to meeting now, but I’ll be around all afternoon. Give me a call if you want to chat…[Read more]

If you submit your tax without including depreciation, you can amend it later. But your accountant charge you a fee to do that. And I have a probably silly belief that it’s always best not to draw attention to yourself by amending returns if it can be avoided.
Depending on where it is, and whether we can get access, there is a chance we can get it…[Read more]

There’s a valuer there called Colin Dymond. He’s been in Geraldton for a fair while and I reckon he’d know it better than anyone. He’d be worth tracking down.
Scott

Ahhh, perfect. It’s all going according to plan – talking down Marrickville, that is. Did I mention that there are a few boarding houses dotted around the suburb, too?
Sydney’s Inner West has been very good to me – it’s my comfort zone. Of course, the property boom has been good to me, too.
My friends said I was mad thinking Erskineville would go…[Read more]

There’s certainly a bit of activity over there – we’re fielding more enquiries about Tax Depreciation Schedules in Geraldton.
Scott

It’s a big suburb. South Marrickville is really good. I’ve lived there for a couple of years. I moved there partly for the anticipated capital gain (which I got), but also because I like the character of the suburb. Sure, Marrickville still has the odd shooting, but that just adds to the character. And the gangs tend to shoot eachother anyway. I…[Read more]

Tough Deal,
I like the Inner West, too. (Though RE agents do keep expanding it.) I drove past a new site in Booth Street, Annandale yesterday. I think it’s on the corner of Taylor Street. It’s at the excavation stage. No signs up yet, but it will be apartments. And there’s every chance they’ll be pretty stylish. That area is really good – I own an…[Read more]