IP Freely replied to the topic Residential Tenancy Act 97 in Victoria does not apply to PPR? in the forum Help Needed! 13 years, 9 months ago
It would be unusual for Vcat to allow less than the 'normal' level of consumer protection than would be afforded to other consumers. Short term rentals ie holiday lettings generally don't have a lease – is this what you are referring to?The links above are for a vcat worshop – giving you information about being a landlord, rights,…[Read more]
IP Freely replied to the topic Placing personally owned property into an existing Property Trust in the forum Legal & Accounting 13 years, 9 months ago
Generally this is a very expensive option because of the CGT & stamp duty implications – consult your accountant beforehand. It is more effective to sell the properties and to buy new ones inside the trust
IP Freely replied to the topic Tax advice needed!!! in the forum 1) If the (prospective) 13 years, 9 months ago
1) If the (prospective) tenant has offered to pay upfront, there is nothing stopping you from accepting it HOWEVER if you have demanded/requested more than 2 weeks (NSW) upfront, then it is illegal.2) Ask your accountant but you should be able to claim depreciation on the works that have been completed – accountant will sort out the timing. You…[Read more]
IP Freely replied to the topic Invesment Property Questions in the forum General Property 13 years, 9 months ago
ryan mclean wrote:
Better to pay tax than to avoid it and end up in jail.Well ……..
IP Freely replied to the topic …. in the forum General Property 13 years, 10 months ago
Bullmarket, as per the Australian case that you cite, valuers are professionals and can be held professionally liable for their errors. If you had read the case (or SNM's link) you would realise that it was an error in calculation of gst not an error in a valuation.With regards to the accuracy of the information received by the LTO – it is only as…[Read more]
IP Freely replied to the topic … in the forum General Property 13 years, 10 months ago
jontapp wrote:
Occasionally when observing the market and observing other sales e.g. the property we were considering, that was purchased for over market price (by another buyer), we would see a valuer provide a bank valuation under the offer price and save the buyers bacon (not our client). The deal would fall through and the property would…[Read more]IP Freely replied to the topic Looking for property manager in Tamworth (please advise) in the forum General Property 13 years, 10 months ago
This one seems reasonably switched on:Keira Biddle Property Manager PRD Tamworth TAMWORTH NSW
IP Freely replied to the topic Ask an American in the forum Overseas Deals 13 years, 10 months ago
burtonridr wrote:
Scott No Mates wrote:
PS where do you board in Az?What do you mean? Like when I visit? I have family that lives there, I stay with them when I visit.
I think he means 'are you a snowboarder who rides a burton board'?
IP Freely replied to the topic Negative equity in the forum Help Needed! 13 years, 11 months ago
Who's to say that the tenant doesn't have a 6 month holiday? or 3 mths + option?
IP Freely replied to the topic Is it possible? in the forum Finance 13 years, 11 months ago
Thanks Richard, sorry about Chelsea.
Qlds007 wrote:
1) Not exactly sure what you are asking here but assuming you are merely referring to the lvr then Yes lenders would have a problem with the numbers. This is not to say that the deal can funded on the income shown as there are too many other variable.One house will be ppor other will become an…[Read more]
IP Freely replied to the topic House for under $300,00 – Where would you buy in NSW? in the forum Help Needed! 13 years, 11 months ago
evernat wrote:
Sorry guys for short answer,I have have some really good feedback on this thread a while ago.https://www.propertyinvesting.com/forums/property-investing/help-needed/4333820Yes I would really like to buy in Sydney,but to buy a house for under 300 and get good rent,not easy.Still some opportunities around Mt Druitt/Dhurruk or…[Read more]
IP Freely replied to the topic Painting vermiculite ceiling in the forum Value Adding 14 years ago
It may well be cheaper (and give a better finish) if you can put some battens up and put in a flush plasterboard ceiling.
IP Freely replied to the topic Winston’s Charts in the forum General Property 14 years ago
One for the simpletons like me, do you take into account that a pre Sept 87 property would have no cgt liability? What rate(s) have you applied for tax corporate, personal?
IP Freely replied to the topic CGT on renovated house? in the forum Value Adding 14 years ago
Your CG is $300-$230 = $70. If you buy & sell in less than 12 months you will pay tax at your marginal rate on $70k, if you hold out for 12 months then cgt reduces by 50%.
IP Freely replied to the topic Renting residential property to a company – credit check in the forum Help Needed! 14 years ago
If they are a company, they may be leasing an office somewhere? Do they have a parent company? Where is their head office/sub-branches? Who is their landlord and what is their rental history? Has the agent run a company search?If you can't get this information, then a few trade references should suffice.(Company searches etc are used for…[Read more]
IP Freely replied to the topic External wall material – what’s it called? in the forum Value Adding 14 years ago
IP Freely replied to the topic Getting Removed From TICA in the forum Help Needed! 14 years ago
Someone's "Tic"ed off!
IP Freely replied to the topic Hello From Barrie Real Estate in the forum Rub it in Elliot! At the 14 years ago
Rub it in Elliot! At the barest minimum I've got a 6 hour drive to get some sliding time. We had a few hot days last week hitting close to 30 deg C & we were all longing for a balmy +2 and a bluebird day.Check out: http://www.ironbarkfallscreek.com.au
IP Freely replied to the topic Building Envelope vs Building Permit in the forum Value Adding 14 years ago
The building envelope is defined in the council's building guidelines (a document which may sit with the LEP) – it covers size, scale, bulk of the building.The building permit is the DA/CC which allows you to undertake work eg subdivision or construction of dwelling.
IP Freely replied to the topic Stormwater Drainage Help for subdivision in the forum More often than not. You may 14 years ago
More often than not. You may need to speak with the council engineering dept to ascertain if there is a stromwater line in the street and a pit that you can connect to directly.
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