thanks. For anyone interested in an official answer, after discovering the non-commercial losses test information thanks to above posters, I found:http://www.ato.gov.au/businesses/content.asp?doc=/content/13280.htm

Depends, how long is a piece of string.Provide more information, like new carpets, blinds, kitchen/bathroom could be worth it……not on the building itself though.

by the way Amway has nothing to do with property, so really this thread is offtopic and should be closed, promoting N21 on a property forum is worse than SPAM.

"it is helping someone above me who may be looking at earning extra money to support their family rather than the profit going to the big supermarkets"The people you are mostly helping are the owners of Amway, who dont exactly struggle to support their families. They are rich because they charge a premium on their products, and by the time…[Read more]

Trev,One of the worlds first Pyramid schemes did have a product. It was stamps. It was the original Ponzi scheme.The marketing has since evolved.The line of definition between multi level marketing and pyramid schemes is quite hard to interpret.It's the focus that matters. If there is there more emphasis on recruitment than on selling the product…[Read more]