MrMagoosie replied to the topic WARNING: Dual Living/ Granny Flat unapproved Duplexes- Brisbane City Council Enforcement Notices in the forum General Property 11 years, 8 months ago
Wow, that's huge. I know so many people across Brisbane who are renting on rooming accommodation agreements. I reckon at least 50% of students would be renting in this manner and it would have to be 50,000+ people easy.
Has BCC sent out similar notices to for rent-by-the-room student accommodation, or is it just houses with a granny…
MrMagoosie replied to the topic WARNING: Dual Living/ Granny Flat unapproved Duplexes- Brisbane City Council Enforcement Notices in the forum General Property 11 years, 8 months ago
Does this extend to rent-by-the-room (eg. rooming accommodation) too?
My understanding was always that a house could be rented by the room on individual agreements so long as there were 5 or less people. It was only if there were more than 5 people that it would fall into the boarding house category.
I believe this is also why there was an…[Read more]
MrMagoosie replied to the topic Is property investing going to poo in the forum General Property 13 years, 7 months ago
Hi Johnwilly1000,Everyone's situation is different, but if selling your IP will clear your debt and reduce stress, then it's definitely worth considering. No point having a mountain of debit if it's going to stress you out.However, do also consider:-Selling into the Brisbane property market at the present time would require you to discount. I…[Read more]
MrMagoosie replied to the topic EIN, ITIN Forms in the forum Overseas Deals 13 years, 8 months ago
Is the HSBC account a US bank account, or is it just an Australian account in US currency? I currently have an ITIN and want to open a US bank account to do some investing in tax liens. The bank account issue has been one of my hurdles as I believed that you needed to visit the US to open an account in your personal name.Is this not the c…[Read more]