Total Members: 159,186

Jade12

  • Jade12 replied to the topic How to get rid of my property manager? in the forum Help Needed! 10 years, 6 months ago

    Thanks for all the replies. Still having issues to get them to rectify some errors in the management fees calculation.
    Its pretty simple to calculate and not sure why they don’t get it and still insist they are right.

  • Jade12 replied to the topic How to get rid of my property manager? in the forum Help Needed! 10 years, 6 months ago

    No Gst is not included in the calculation.

  • Jade12 replied to the topic How to get rid of my property manager? in the forum Help Needed! 10 years, 6 months ago

    Thanks all for the advice. Just received my monthly statement and I have been charged more than 7% again for the management fees.
    This is really frustrating. It seems they do not know how to count properly.

  • Jade12 started the topic How to get rid of my property manager? in the forum Help Needed! 10 years, 6 months ago

    I have my property manager for a few months now and it hasn’t been pleasant. I received late rental payment and very random amount every single month. Suppose to be paid every fortnight but it has never been on time, sometimes three weeks, with amount not reflecting the weekly rent.

    Twice she has charged me the wrong % of fees and additional…[Read more]

  • Jade12 replied to the topic Legal Advice in the forum Legal & Accounting 10 years, 11 months ago

    Hi Terryw, 

    Thanks for the link. My solicitor said that secondary dwelling is not considered a main building and should have no problem. Would you agree?

    Jade

  • Jade12 replied to the topic depreciation question in the forum General Property 10 years, 11 months ago

    Hi, 

    Whats the normal charges for depreciation schedule?
    Received a quote from BMT for $770 for a house that has an estimated depreciation of 3500-4500. Sounds a bit expensive. 

    Jade. 

  • Jade12 replied to the topic First investment property in the forum Help Needed! 11 years ago

    No PPOR. Renting works for now. 

  • Jade12 replied to the topic First investment property in the forum Thank you :) 11 years ago

    Thank you :)

  • Jade12 replied to the topic First investment property in the forum Help Needed! 11 years ago

    Hi Jamie, 

    Thanks for your help. Looking to fund the property with savings. No equity from other property, first buy. 
    I've read about deposit bond in other forum. How does it work? Would I use a deposit bond for my 10% deposit during contract exchange? 
    Will I save significant tax from using the bond?

    :)

  • Jade12 replied to the topic First investment property in the forum Help Needed! 11 years ago

    Thanks Wilko :)

    Would I be able to get a significant tax depreciation by using deposit bond rather than cash for initial deposit? 

Jade12

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