Hi Jason

1.0.2 is the latest release, however, I am going through the steps for releasing 1.0.3 to the site and it should be available in the next day or so.

Regards

Philip Batey
JATPAC Designs

Author of Investment Detective

Hi

Actually, I wasn’t aware of the sliding scale in QLD, and ID will only treat properties individually. As with all the professional fees associated with a property purchase, the due diligence process will allow the purchaser to gather the correct fees and then be able to enter them into ID. The current tax and duty calculators are there as a general guide only. The configurable system, allowing multi country calculators to be defined will soon be in place and the Australian hard coded calc’s will be removed.

ID can be used in any country or jurisdiction as it is essentially just a calculator. It is the user’s responsibility to collect the correct information so it can do its job and calculate the results.

There are also other complexities that can only be handled by each investor, how is the sliding scale affected by multiple entities or having different properties in a spouse or partners name. I’m sure an accountant could also come up with various other legal ways of minimising the impact of the sliding scale on taxes due.

Hope this answers your question

(I deleted your other post as it was a duplicate, hope you dont mind)

Regards

Philip Batey
JATPAC Designs

Author of Investment Detective

Hi

I have tried to make this happen and cannot reproduce the error. You can always do as you suggest and delete the property and re-enter the info.

If you have a lot of data already entered for this property, I may be able to get it to work, but you would have to send me the data file with all your property info, I can understand if you do not feel comfortable doing this.

You can email me at [email protected] if you would like to take this further.

Regards

Philip Batey
JATPAC Designs

Author of Investment Detective

Hi Redhaven

I would love to send you the information, could you email me at [email protected] and let me know who you are [biggrin]. Just need the name and email you used to purchased ID with.

Thanks

Philip Batey
JATPAC Designs

Author of Investment Detective

Hi

The only consolidation of figures is on the home page summary, other than that, each property is treated seperatly. I can see the benafit of seperate “portfolios” and this of one of the higher priority features I want to add to ID. I cant give a commitment on when it will be done though. As each property is an entity on its own, you can enter as many properties as you like, the key is to keep in mind the currency differences when looking at differnt properties.

Hope this helps

Regards

Philip Batey
JATPAC Designs

Author of Investment Detective

Hi

The original purchase confirmation and recent update email provided a link that you can click on, this will take you to the Investment Detective download page where you have access to the update.

Download the ID install and install the new version on your computer. Once installed, you will have access to the new version of ID.

Regards

Philip Batey
JATPAC Designs

Author of Investment Detective

Hi Greg

Part of the change in allowing the configuration of tax and duty will be to store the data in XML format, I will manage the integration of the various updates from different users and keep a master file available for download so everyone can benefit from this feature.

Regards

Philip Batey
JATPAC Designs

Author of Investment Detective

Hi

Yes you can evaluate a property from any country, it is after all just numbers. You must remember that ID doesnot know about exchange rates and the tax and duty will have to be looked up from the specific countries government web sites.

Hope this helps

Regards

Philip Batey
JATPAC Designs

Author of Investment Detective

Hi

Thanks for your feedback and ID certainly is a serious tool and I believe it does save you time.
While I can appreciate that you want the best tool that will help you invest profitably, there are other considerations that you may want to think about.

The reason I will be making the tax and duty calculators configurable is that I believe it would be fairer. Supporting ID users in Australia as well as NZ, South Africa, Canada, USA, UK (just some of the countries that have users) means that there are a lot more jurisdictions than those few here in Aust. Providing a means where the ID community can help each other is a good thing, and the several hundred jurisdictions will be better supported by locals rather than someone like me trying to figure out the complexities of tax and duty in other countries.

So I am hoping that everyone will get the benefit of locals helping with keeping ID up to date in each country and then submitting their changes for all to download.

Thanks

Philip Batey
JATPAC Designs

Author of Investment Detective

Hi

Thanks for spelling mistake.

On the deprectiation, you will notice it does not change the net cash flow but the net profit. To see the effect of the tax refund, enter a weekly figure into the other income field under weekly cash receipts.

Now your property should be positive again and you can see the erroding effect of the depreciation on the overall profit.

Hope this helps

Regards

Philip Batey
JATPAC Designs

Author of Investment Detective