HI There,That is correct, we are going through the motions of changing Strata Management.Are thre any people out there that self managed a property also? ans is this a wise option?I am in a block of 12 units so not a lot in the scheme of things but not sure how hard this would be or if it is physibel?Thank You for the referral I will check them…[Read more]

Hi THere,Thank You both for the great advice, will definitely keep that in mind and shop around for appraisals

Hi Guys,In my mind, for all investors regardless of property price and/or location, I still don't understand why people dont take out the Landlord Insurance, for "most" cities for as little as a doller a day its a no brainer in my books and also claimable at tax time which has also been mentioned here by Michael.We spend thousands of $$$$$$$ on C…[Read more]

Ok so as long as I move in for a short period of time within the 6 years it starts again, even though it had been previously leased.Great, also good to know.Thank You very much again.CheersJason

Great, Thank You very much for your help on this one.I have heaps to learn but good to know there are people on here willing to help:)Cheers againJason 

haha yes your right, missed the "n" there.Ok So I would assume in that case after 6 years the capital gains tax would be calculated from my current valuation prior to leasing out the property correct?And if I was to sell before the 6 year period (from start of lease, which is now), there is no CGT to pay?CheersJason