Hi Simon,
A TDS I pressume is a Tax Depreciation Schedule. This is done by a quantity surveyor, who makes a report on claimable depreciation for your taxation purposes. It is most helpful if your unit is built post 1985.
Now the S15-15 tax variation….hmm I’ll assume this means the form you can fill out to have your weekly tax reduced (from your…[Read more]
Hi Guys,
I think being an investor “scares” some people. My and my hubby’s immediate family are what you could call non-believers. I don’t have my property investing books on display, some of the titles even make me cringe, years of negative programming I guess.
I am in the process of changing my own mindset to believe that I can achieve, I can be…[Read more]
hi Leigh,
I see you’re back to your cheeky self![!]
Turned out I didn’t have to answer, my computer decided to reboot itself. Can’t see any evidence of a virus.
Sue []
“Be careful not to step on the flowers when you’re reaching for the stars”
Jarmbie,
Let me start by saying I have only ever bought three houses, so not so experienced.
You have not “done the wrong thing”, in my opinion, as you have not signed anything yet.
Your solicitor has me a little worried though. You put clauses in a contract so that you have the option to opt out. If you sign a contract that has a clause in it…[Read more]
Hi Jarmbie,
I’m a little confused about your post. You say the offer has been accepted, but you haven’t signed a contract yet. Usually once an offer has been accepted, you sign a contract but subject to building/pest inspection, finance, etc.
As you haven’t signed anything, be firm with your new offer and state clearly your reasons for the drop in…[Read more]
Just as I was reading Mel’s post, a windows box popped up asking if I want “outlook to stop junk emails”
What a coincidence!
I”ve never has this asked before, and after mel’s post I don’t know what to answer![}]
Any suggestions?
Sue []
“Be careful not to step on the flowers when you’re reaching for the stars”
Hi Bear,
I think all policies differ, as most insurances do, in what is included and not included. Go over your policy carefully.
My last property had building insurance and landlord insurance (For malicious damage and loss of rent for a few weeks)
It may pay to contact a good insurance broker.
I take it this is in Tassie and there is no property…[Read more]
Hi Bear,
Perhaps you could get your solicitor to draw up a lease agreement. Or maybe find an agent that offers property management and get them to do it.
I don’t know where the prop is but a lease agreement is usually a set form isn’t it? This really shouldn’t take long to organise.
Cheers,
Sue []
“Be careful not to step on the flowers when…[Read more]
Hi Happydragon,
Don’t give in so easily. Like Sooshie said, you have a lot of room for negotiation.
There is a person on this forum who advocates finding a problem and solving it, I think you found a problem!
What is the area like? Was this place in amongst other rundown props or was the area decent?
Might be worth a professional opinion on the…[Read more]
Hi Beerboy,
How insulting[8]
It’s good to see your attitude is still positive though.
You obviously have your thoughts together and are ready to make some positive moves, keep going you’ll get there.
Keep shopping,
Sue []
“Be careful not to step on the flowers when you’re reaching for the stars”
Hi Guys,
Look, it’s early in the morning for me, so I may be a bit more critical than usual. However, peoples don’t forget your due diligence before you commit to anything.
During your pre-purchase research don’t forget to consider worst case scenarios as well as best case.
Before I take out any loan I like to work out repayments at 10%, if I’m…[Read more]
Hi Risky,
Must admit I haven’t seen a post by Dave either. I think this website is more Steve’s domain.
Or…..Dave could be a little like Robert K’s rich dad……..Perhaps he doesn’t exist![:0]
(That’s my conspriracy theory [])
Cheers,
Sue []
“Be careful not to step on the flowers when you’re reaching for the stars”
Hi Guys,
I like to read as much about real estate as I can also.
The key point when reading any article, on any subject, is to check the author before you start.
Once I know who the author is, then I read the article with the full knowledge of the “angle” the author is coming from.
Also, as I am reading I try to sort the facts from the opinions. I…[Read more]
Hi Darren,
My understanding is a capital gain profit cannot be deferred, or “rolled over”, and is payable in the year of sale.
However, I believe a capital gain loss is transferable to future capital gains profits.
That’s my take on it, probably best to get pro advice.
Cheers,
Sue []
“Be careful not to step on the flowers when you’re reaching for…[Read more]
Hi phil,
Somewhere on their main website, they have a link to leases.
They tell you exactly what they are looking for and where they need houses/flats to rent.
Cheers,
Sue []
“Be careful not to step on the flowers when you’re reaching for the stars”