Chris,
They werent originally bought as investment properties….the bigger one was to be our home but we got a second posting overseas….I dont think that depreciation schedules are mandatory on properties in Western Australia? I may well be wrong..there is a good chance in fact….I know the eastern states seem to have them as a given on…[Read more]

Mini Mogul,
Can you tell me how you find out the government values? Is the information listed in NZ? Does anyone know if this is the case n Aus as well?
Thank you
A

Terry,
Can I just jump in here and ask if you can advise on possible CGT on a high end property that I am currently renting. We bought this to be out residence in australia and kept it for one year – in the end our assignment overseas was extending and we rented out the apartment. We have no other residence in Australia. If we were to sell this…[Read more]

Thanks Steve,
This plan only just necessitated formulation yesterday so it needs a lot of work…not least of all sourcing an interest free loan []

I will go off and do some more tweaking to the “plan” thank you for pointing me in the right direction…and I have LOTS of questions re Captial Gains tax…but Ill save those for another…[Read more]