what sort of article and for what purpose?

hi allwhat new regs come in in jun 09? do you get sent a letter to comply to like they do in nsw?

hihave you considered a reverse mortgage? this allows you to withdraw funds from the equity in your home which would give you the money to live well. i'm not sure how it affects a pension but as it is borrowed funds, i wouldn't assume that it would.a reverse mortgage allows you to stay in your home but access some of the accumulated equity in it.…[Read more]

i would be buying as much cashflow pos property as possible now while you can. let time and capital growth look after paying for your home unless you are nearing retirement.

ben;why do you establish a new disc trust for each property?

jaffasoft; the site you listed does not open……http://www.mortgagewatchdog.com.au/  do this for mortgage statements. This is the one you see the Reno Kings and a few others promoting for mortgage checking!

hiballarat is fabulous now that interest rates have fallen and property will finally pay for itself again. i have decided the keep the property now that i can refinance.my intention had been to build, sell and make a profit. that's why i was selling

what's a firstmac 3.00% product?

……I am thinking of getting floor/ceiling plaster up, painted, then floor board, then only kitchen going in.. you've got it about right. do all the electrical and plumbing first though while there are still holes to thread into and the cupboards are out of the way.

get a locksmith to let you in and change the locks. only costs $200-$300. definitely not worth waiting for a tenant to return key which may never happen.

well in the bad old days, you could stay where you are for months and not pay anymore… as you are living there with no lease, they have to take you to the tribunal to get you out. have you ever jumped through the hoops to take a tenant to the tribunal? you have to wait time after the rent is overdue, then issue them with formal notification, t…[Read more]

thanks world changer. the going concern thing could be great, means less borrowing.

just a further question, knowing that richard is not here to answer it; does anyone know what he means by timing the settlement to the end of the quarter? the gst would still need to be paid and reclaimed?

richard;all the best, have a great time overseas! and thanks for your reply.world changer; now you mention it, yes i remember that. AWESOME! thanksi would be buying it with it tenanted as a medical practise so i guess that qualifies as a going concern? it has been used as this since 1993 but the owner/proprietor is retiring. a new leasee has…[Read more]

hi eddiethanks for your reply. it is very good news, i think!  the ato worker bees must have phd's in obtuse writing……!what does the adjustment period refer to? from what i can understand it to read; in aug of this year, there was a change which allowed you to keep the property as long as it is still actively marketed. how long would that…[Read more]

hi zazfirstly, my very best to you. without being in the least bit patronising as i know from experience; well done because you are thinking of doing SOMETHING!. heaps of people just talk about it and use excuses not to. i have been single for 13 years with 4 teenagers. my net worth is pretty good now though.firstly the concept of buying some k…[Read more]

thanks terry for your worthwhile reply. your posts are always worth reading.grace

crashy, have you got any pics of your tiles. i looked up metro tiles to see what they looked like but the site maintains that Marrazzi tiles not found.

hithe very best of luck with your project. my thoughts;if you open up the living/kitchen area (currently the kitchen/main bedroom), you will have a largish living area. then you need to consider whether your target market are likely to prefer a dining room or an extra bedroom. will the home have more appeal as a four bedder than a 3 bedder with…[Read more]

as i understand it, if you take equity from your investment (1st unit) to put intp PPR,  the extra loan would not be deductible. the ato look at what you do with the money….